UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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| Item 1.01 | Entry Into A Material Definitive Agreement. |
As previously disclosed, on February 10, 2023, Vahanna Tech Edge Acquisition I Corp., a British Virgin Islands business company (the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Vahanna Merger Sub Corp., a Delaware corporation and wholly-owned subsidiary of the Company (“Merger Sub”), and Roadzen, Inc., a Delaware corporation (“Roadzen”).
On June 29, 2023, the Company, Merger Sub and Roadzen entered into a First Amendment to Agreement and Plan of Merger (the “Amendment”), pursuant to which the Merger Agreement was revised to update and clarify the terms of the New Roadzen 2023 Incentive Plan (the “LTIP”) and the New Roadzen 2023 Employee Stock Purchase Plan to be submitted for shareholder approval at the extraordinary general meeting, including reducing the number of shares to be initially reserved under the LTIP from 14% of the issued and outstanding shares of the combined company immediately following the closing of the business combination to 10%.
The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by the terms and conditions of the Amendment, the form of which is filed as Exhibit 2.1 hereto and is incorporated by reference herein.
| Item 9.01. | Financial Statements and Exhibits |
(d) Exhibits:
| Exhibit No. |
Description | |
| 2.1 | Amendment to Agreement and Plan of Merger, dated as of June 29, 2023. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| VAHANNA TECH EDGE ACQUISITION I CORP | ||||||
| By: | /s/ Karan Puri | |||||
| Name: Karan Puri | ||||||
| Title: Chief Executive Officer | ||||||
| Dated: June 30, 2023 | ||||||