Company: EUDAW
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001641172-25-006627
Chunk: 157

Company: EUDA Health Holdings Ltd
Filing Date: 2025-04-29
Form: 20-F
Item: Item 19
Chunk 157
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────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Restricted Ordinary shares issued for settlements         478,200          289,100        700,000        578,439        2,045,739  
  Share price as of settlement date                           $1.44            $1.44           1.44           1.47                   
  Fair value of settlement shares                          $688,608         $416,304      1,008,000        850,306        2,963,218  
  Debt settled on May 16, 2023                           $( 478,200       $( 289,100      ( 700,000      ( 850,306      ( 2,317,606  
  Loss on Debt Settlements                                 $210,408         $127,204        308,000              -          645,612  

-Conversion
of debts for the year ended December 31, 2024

On
March 15, 2024, the Company entered into settlement agreements (“ Executive Settlement Agreement”) with the former Chief Executive
Officer Kelvin Chen, former Chief Financial Officer Steven Sobak, and Chief Executive Officer and Executive Director Alfred Lim to resolve
outstanding compensation. Under these agreements, Mr. Chen was issued 166,653 212,484 75,059 95,700 53,649 68,403 1.275

Pursuant
to a certain Settlement Agreement between the Company and 8iEPL, the Company’s related party dated March 15, 2024 (the “8iEPL
Settlement Agreement”), the Company has agreed to pay 8iEPL for a total sum of $ 180,000 712,254 731,373 8 911,373 889,000 700,000

EUDA
HEALTH HOLDINGS LIMITED AND SUBSIDIARIES

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

(In
U. S. dollars, unless stated otherwise)

The
following tables summarize the issuance of shares upon conversion of notes and settlement of debts discussed above:

Schedule
of issuance of shares upon conversion of notes and settlement of debts
Executive 8iEPL Total
Settlement
Settlement
Agreement
Agreement
────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
Restricted Ordinary shares issued for settlements 295,361