Company: EUDAW
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001641172-25-006627
Chunk: 80

Company: EUDA Health Holdings Ltd
Filing Date: 2025-04-29
Form: 20-F
Item: Item 10
Chunk 80
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2023, the Company entered into securities purchase agreements with ten accredited investors pursuant to which the Company
has agreed to sell an aggregate of 990,000 ordinary shares at $1.00 per share. In July 2023, one investor terminated his securities purchase
agreement for the purchase of 200,000 ordinary shares. As a result, the Company sold an aggregate of 790,000 ordinary shares for an aggregate
purchase price of $790,000 in a private placement in reliance upon the exemption from registration provided by Section 4(a)(2) of the
Securities Act of 1933, as amended (the “ Securities Act”), and Rule 506 promulgated thereunder.

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  Exchange  
  Controls  
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See
“ Item 3. Key Information - D. Risk factors - Risks Related to our Business and Industry

  Taxation  
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The
following summary of the material BVI and U. S. federal income tax consequences of ownership of our ordinary shares and Warrants to acquire
our ordinary shares, sometimes referred to collectively in the summary as our “securities,” is based upon laws and relevant
interpretations thereof in effect as of the date of this Report, all of which are subject to change. This summary does not deal with
all possible tax consequences relating to an investment in our securities, such as the tax consequences under state, local and other
tax laws.

BVI
Taxation

Under
the laws of the British Virgin Islands as currently in effect, a holder of the securities who is not a resident of the British Virgin
Islands is not liable for British Virgin Islands tax on dividends paid with respect to the securities and all holders of the securities
are not liable to the British Virgin Islands for tax on gains realized during that year on the sale or disposal of such ordinary shares.
The British Virgin Islands does not impose a withholding tax on dividends paid by a company incorporated or re-registered under the BVI
Act.

There
are no capital gains, gift or inheritance taxes levied by the British Virgin Islands on companies incorporated under the BVI Act. In
addition, shares of companies incorporated under the BVI Act are not subject to transfer taxes, stamp duties or similar charges.

There
is no income tax treaty or convention currently in effect between the United States and the British Virgin Islands.

U. S.
Federal Income Taxation

The
following is a discussion of certain U. S