Roadzen Files For Mixed Shelf Of Up To $100M
Portfolio Pulse from Benzinga Newsdesk
Roadzen has filed a mixed shelf registration with the SEC to raise up to $100 million. This move allows the company to offer various securities, such as debt or equity, to the public over time.
November 01, 2024 | 9:26 pm
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Roadzen has filed a mixed shelf registration with the SEC to raise up to $100 million, which could involve offering debt or equity securities.
The filing indicates Roadzen's intention to raise capital, which could be used for expansion, debt repayment, or other corporate purposes. This flexibility is generally positive for the company's growth prospects.
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