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 | ||
3.74 USD | -2.86% | +9.36% | -26.52% |
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. | |
---|---|---|
-26.52% | 256M | |
+28.02% | 119B | |
+10.78% | 29.27B | |
-1.70% | 12.93B | |
+1.53% | 10.44B | |
+14.57% | 4.65B | |
+5.95% | 3.79B | |
+53.07% | 3.16B | |
+15.00% | 769M | |
+32.35% | 236M |
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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