RoadZen, lnc. announced that it has entered into a securities purchase agreement to issue 5,000,000 common shares at a price of $10 per share for the gross proceeds of $50 million on August 25, 2023. The transaction will include participation from new investors, Meteora Strategic Capital, LLC, Meteora Capital, LLC, Meteora Capital Partners, LP, a fund managed by, Glazer Capital, LLC.
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5-day change | 1st Jan Change | ||
3.16 USD | -15.51% | -3.66% | -37.92% |
05-23 | Maxim Group Initiates Roadzen With Buy Rating, $10 Price Target | MT |
05-23 | Top Premarket Decliners | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-37.92% | 216M | |
+28.82% | 120B | |
+10.78% | 29.73B | |
-3.54% | 12.78B | |
+1.23% | 10.33B | |
+19.43% | 4.85B | |
+4.70% | 3.74B | |
+49.99% | 3.1B | |
+15.00% | 771M | |
+32.88% | 237M |
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- News Roadzen, Inc.
- Roadzen, Inc. announced that it expects to receive $50 million in funding from Meteora Strategic Capital, LLC, Meteora Capital, LLC, Glazer Capital, LLC