M&A - Roadzen Inc.

Form Type: 10-K

Filing Date: 2025-06-26

Corporate Action: Merger

Type: New

Accession Number: 000164117225016647

Filing Summary: Roadzen Inc., previously known as Vahanna Tech Edge Acquisition I Corp., completed a merger with Roadzen, Inc. (DE) on September 20, 2023. The merger involved several key transactions including the exchange of each share of Roadzen (DE) common stock for 27.21 ordinary shares of Roadzen, and each Roadzen (DE) RSU was converted into an equivalent number of Roadzen RSUs. Following the merger, Vahanna was renamed to Roadzen Inc., and the new ordinary shares began trading under the symbol RDZN on Nasdaq. The business combination has been accounted for as a common control transaction, which did not result in recorded goodwill or intangible assets. The financial statements reflect the historical operating results of Roadzen (DE) prior to the merger and the combined results afterward. The ordinary shares were established at a par value of $0.0001 per share, with 74,290,986 shares outstanding as of June 20, 2025. The document provides details on the structure and operational impacts following the business combination, along with various financial disclosures and significant corporate governance information.