Company: EUDAW
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001641172-25-006627
Chunk: 160

Company: EUDA Health Holdings Ltd
Filing Date: 2025-04-29
Form: 20-F
Item: Item 19
Chunk 160
---

                                                       Weighted Average                       
                                                       Exercise Price                         
  December 31, 2021      -              -              $                     -          -     
 ──────────────────────────────────────────────────────────────────────────────────────────────
  Granted                8,917,250      4,458,625      $                     11.50      5.00  
  Forfeited              -              -              $                     -          -     
  Exercised              -              -              $                     -          -     
  December 31, 2022      8,917,250      4,458,625      $                     11.50      4.88  
  Granted                -              -              $                     -          -     
  Forfeited              -              -              $                     -          -     
  Exercised              -              -              $                     -          -     
  December 31, 2023      8,917,250      4,458,625      $                     11.50      3.88  
  Granted                -              -              $                     -          -     
  Forfeited              -              -              $                     -          -     
  Exercised              -              -              $                     -          -     
  December 31, 2024      8,917,250      4,458,625      $                     11.50      2.88  

EUDA
HEALTH HOLDINGS LIMITED AND SUBSIDIARIES

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

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

Earnout
shares

As
part of the Business Combination, Watermark is entitled to the 4,000,000

  1,000,000 additional Earnout Shares to be issued if during the period beginning on the Closing Date and ending on the first anniversary of        
  1,000,000 additional Earnout Shares to be issued if during the period beginning on the first anniversary of the Closing Date and ending on        
  1,000,000 additional Earnout Shares to be issued if the consolidated audited financial statements of EUDA for the fiscal year commencing January  
  1,000,000 additional Earnout Shares to be issued if the consolidated audited financial statements of EUDA for the fiscal year commencing January  

The
Earnout Shares are accounted for as equity classified equity instruments, were included as merger consideration as part of the Reverse