8i Acquisition 2 Corp closes IPO of 8,625,000 units at $10.00, gross proceeds $86.25M

EUDA Health Holdings Ltd

IPO of 8,625,000 units closed Nov 24, 2021 at $10.00/unit; gross proceeds $86,250,000 including full over-allotment exercise.
Sponsor purchased 292,250 private units at $10.00 each for $2,922,500; proceeds added to trust.
$86,250,000 of net proceeds deposited into trust account for public shareholders' benefit.
Balance sheet as of Nov 24, 2021: $87.25M total assets, $864,830 cash outside trust, $85.55M ordinary shares subject to redemption, $1.8M accumulated deficit.
Company has 12 months (up to 18 with extensions) to consummate initial business combination.

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