Company: EUDAW
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001641172-25-006627
Chunk: 155

Company: EUDA Health Holdings Ltd
Filing Date: 2025-04-29
Form: 20-F
Item: Item 19
Chunk 155
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tribution

On
September 20, 2022, the Company received capital of $ 600,000 120,000

Forgiveness
of debt by a related party

On
March 31, 2022, the Company and Wilke Services Limited (“ Wilke”) entered into a deed of release of debt (“ Deed”),
pursuant to the Deed, upon the closing of the Business Combination, Wilke agrees to release and discharge the Company from the obligation
to repay to Wilke of $ 2,763,018

Ordinary
shares

The
Company is authorized to issue unlimited no Holders of the Company’s ordinary shares are entitled
to one vote for each ordinary share.

- Issuance
of ordinary shares to EHL

On
July 25, 2022, the Company issued 4,626,667 500,000 500,000

The
shares and corresponding capital amounts and all per share data related to EHL’s outstanding ordinary shares prior to the Reverse
Recapitalization have been retroactively adjusted using the Exchange Ratio.

-Issuance
of ordinary shares upon the reverse recapitalization (See Note 4)

On
November 17, 2022, upon the consummation of the Business Combination, the Company issued an aggregate total of 6,191,770

EUDA
HEALTH HOLDINGS LIMITED AND SUBSIDIARIES

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

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

The
following table presents the number of the Company’s ordinary shares issued upon the Reverse Recapitalization:

Schedule
of reverse recapitalization

                                                                        Ordinary Shares  
  8i ordinary shares outstanding prior to Reverse Recapitalization           11,073,500  
  Less: redemption of 8i ordinary shares                                    ( 6,033,455  
  Conversion of 8i rights                                                       891,725  
  Shares issued to service providers                                            260,000  
  Total shares issued upon the Reverse Recapitalization                       6,191,770  

-Private
placements

In
May 2023, the Company offered an aggregate of up to 4,000,000

Between
May 16 and May 22, 2023, the Company issued and sold to eight accredited investors an aggregate of 940,000 1.00 940,000 200,000

In
August 2023