Company: EUDAW
Filing Date: 2025-09-24
Form Type: 20-F/A
Source: 0001493152-25-014808
Chunk: 54

Company: EUDA Health Holdings Ltd
Filing Date: 2025-09-24
Form: 20-F/A
Chunk 54
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 maturity date to December 31, 2025; and (ii) provide that the outstanding unpaid balance will accrue no interest through                                       
 that date.                                                                                                                                                            |

The Company determined that the embedded conversion feature from the convertible notes, related parties and third parties qualifies for the scope exception due to the embedded conversion feature indexed to the Company’s stock in accordance with ASC 815-40-15 and meet the equity requirement in accordance with ASC815-40-25.

The movement of convertible notes from third parties and related parties are as following:

Schedule of movement of convertible notes

|                                         |     | Third parties |            |   |     | Related parties |          |   |
|:----------------------------------------|:----|:--------------|-----------:|:--|:----|:----------------|---------:|:--|
| December 31, 2023 balance               |     | $             |  2,413,125 |   |     | $               |        - |   |
| Issuance of the convertible notes       |     |               |  1,500,000 |   |     |                 |  935,377 |   |
| Acquired from Fortress Cove Acquisition |     |               |     29,073 |   |     |                 |        - |   |
| Repayments                              |     |               |   (300,000 | ) |     |                 |        - |   |
| Conversion                              |     |               | (3,613,125 | ) |     |                 | (889,000 | ) |
| December 31, 2024 balance               |     | $             |     29,703 |   |     | $               |   46,377 |   |

Note 14 – Other payables and accrued liabilities

Schedule of other payables and accrued liabilities

|                                              |     |   | As of December 31,  2024 |     |   | As of December 31, 
               2023 |
|:---------------------------------------------|:----|:--|-------------------------:|:----|:--|-------------------:|
| Accrued expenses (i)                         |     | $ |                1,180,519 |     | $ |            823,345 |
| Accrued payroll                              |     |   |                  413,219 |     |   |            811,680 |
| Accrued interests (ii)                       |     |   |