Company: EUDAW
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001641172-25-006627
Chunk: 156

Company: EUDA Health Holdings Ltd
Filing Date: 2025-04-29
Form: 20-F
Item: Item 19
Chunk 156
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, the Company issued and sold to two accredited investors an aggregate of 50,000 1.00 50,000

In
June 2024, the Company issued and sold to two accredited investors an aggregate of 50,000 1.00 50,000

Conversion
of debts

-Conversion
of debts for the year ended December 31, 2023

On
May 16, 2023, the Company signed settlement agreement (“ Settlement Agreement”) with James Tan, pursuant to which the Company
agreed to issue to James Tan an aggregate of 478,200 210,408 1.00 478,200 688,608 210,408

On
May 16, 2023, the Company signed settlement agreements (“ Settlement Agreements 2”) with two third parties, Shine Link, and
Menora, and a related party, 8i Holding, pursuant to which the Company agreed to issue to Shine Link, Menora, and 8i Holding 87,500 119,000 82,600 127,204 1.00 289,100 416,304 127,204

On
May 15, 2023, the Company issued to James Tan the Tan 2023 Note to replace the Tan 2022 Note. The Tan 2023 Note was an interest-free
convertible promissory note in the aggregate principal amount of $ 700,000 700,000 1.00 700,000 700,000 700,000 308,000 1.00 700,000 1,008,000 308,000

EUDA
HEALTH HOLDINGS LIMITED AND SUBSIDIARIES

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

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

On
May 16, 2023, the Company signed settlement agreement (“ Chen Settlement Agreement”) with Kelvin Chen, the former CEO of the
Company, pursuant to which the Company agreed to issue to Kelvin Chen an aggregate of 850,306 850,306 1.47 578,439 1.47 271,867 850,306

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

                                                         Settlement       Settlement                                                 
                                                                                                                                     
                                                          Agreement      Agreement 2                                                 
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