Company: EUDAW
Filing Date: 2025-08-08
Form Type: 424B5
Source: 0001493152-25-011729
Chunk: 20

Company: EUDA Health Holdings Ltd
Filing Date: 2025-08-08
Form: 424B5
Chunk 20
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 Convertible Notes that are outstanding at such time

There is no interest accruing or payable under the Convertible Notes..

Conversion

Upon the election of the Investor at any time, or in the event of an automatic conversion, the Company will issue to the Investor a number of shares equal to the Conversion Amount set forth in the Investor’s conversion notice divided by the Conversion Price. The Conversion Amount means the amount of the Note that will be converted into Ordinary Shares. The Conversion Price is calculated based on the closing price of the Company’s Ordinary Shares on the trading day in which the Investor submits a conversion notice multiplied by the discount rate of 85%.

The number of such Ordinary Shares issued upon conversion of all Convertible Notes issued under the Purchase Agreement, including the Convertible Note, shall not exceed 4.99% of the issued and outstanding Ordinary Shares immediately after the completion of any conversion of the Convertible Notes.

Automatic Conversion

Change of Control.In the event of a Change of Control prior to full repayment or conversion of the Convertible Note, the outstanding principal will automatically convert into Ordinary Shares. A Change of Control includes (i) the sale of all or substantially of the Company’s assets (except to an Excluded Entity as defined in the Convertible Note), (ii) a merger, consolidation or other capital reorganization or business combination transaction of the Company with or into another corporation, limited liability company or other entity (except to an Excluded Entity), or (iii) the consummation of a transaction, or series of related transactions, in which any person becomes the beneficial owner, directly or indirectly, of all outstanding voting securities. Exceptions to a Change of Control include changes in incorporation jurisdiction, creating a holding company with substantially the same ownership, or obtaining Board-approved funding for the Company in a financing.

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Upon Maturity.Upon the Maturity Date, any outstanding conversion amount will automatically convert without the Holder needing to make an election as if the Investor had made an election to convert immediately prior to the Maturity Date.

Mechanics of Conversion

The Transfer Agent will transmit the Ordinary Shares to the Investor by crediting their account through the Deposit or Withdrawal at Custodian (DWAC) system within two (2) trading days after the Investor submits its election. If the Transfer Agent fails to deliver the shares on time, the Company will pay the holder $10 per trading day for every $1,000 of conversion ordinary shares until the shares are delivered or the conversion is canceled.

If the Company fails to timely cause