Avacara PTE, Ltd. - Sep 20, 2023 Form 3 Insider Report for Roadzen Inc. (RDZN)

Role
10%+ Owner
Signature
/s/ Jeremy Chang, Attorney-in-Fact
Stock symbol
RDZN
Transactions as of
Sep 20, 2023
Transactions value $
$0
Form type
3
Date filed
9/21/2023, 07:17 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
holding RDZN Ordinary Share 17.1 M Sep 20, 2023 Direct

Remarks:

On September 20, 2023, Roadzen, Inc., a Delaware corporation ("Roadzen"), Vahanna Tech Edge Acquisition I Corp., a British Virgin Islands business company ("Vahanna"), and Vahanna Merger Sub Corp., a Delaware corporation and a direct, wholly owned subsidiary of Vahanna ("Merger Sub"), consummated the previously announced business combination pursuant to the Agreement and Plan of Merger, dated February 10, 2023, by and among Vahanna, Roadzen and Merger Sub (the "Initial Merger Agreement"), as amended by the First Amendment to the Agreement and Plan of Merger, dated June 29, 2023 (the "Merger Agreement Amendment", and the Initial Merger Agreement as amended by the Merger Agreement Amendment, the "Merger Agreement"). Pursuant to the terms of the Merger Agreement, Merger Sub merged with and into Roadzen, with Roadzen surviving the merger as a wholly owned subsidiary of Vahanna (the "Merger," and together with the other transactions contemplated by the Merger Agreement and the other agreements contemplated thereby, the "Business Combination"). In connection with the consummation of the Business Combination (the "Closing"), Vahanna changed its name to "Roadzen Inc." ("RDZN"). In connection with the Closing, and pursuant to the terms of the Merger Agreement, each outstanding share of Roadzen common stock, including common stock issued upon conversion of each outstanding share of Roadzen's preferred stock, was cancelled and converted into the right to receive 27.21 ordinary shares of RDZN. Exhibit 24 - Power of Attorney.