---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-016462"
form_type: "8-K"
ticker: "EUDA"
cik: "0001847846"
company_name: "EUDA Health Holdings Ltd"
filed_at: "2022-06-10T23:59:59+00:00"
generated_at: "2026-06-25T02:55:00.120300+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# 8i Acquisition 2 Corp. amends SPAC deal with EUDA Health; consideration cut to $140M

## Summary
- Initial consideration reduced to $140M, payable in LAX ordinary shares at $10.00 per share.
- Earnout: up to 4M additional shares based on share price thresholds ($15/$20) or revenue/net income targets (2023: $20.1M/$3.6M; 2024: $40.1M/$10.1M).
- Indemnification basket reduced from $2.5M to $636,636; seller must cover specific liabilities including unpaid receivable of SGD 5.15M.
- Pro forma enterprise value of combined company estimated at $172M; EUDA Health revised projections exclude regional expansion due to COVID delays.
- Second Amendment also expands seller indemnity for employment law compliance and property insurance obligations.

## SEC filing metadata
- accession: 0001493152-22-016462
- form_type: 8-K
- ticker: EUDA
- cik: 0001847846
- company_name: EUDA Health Holdings Ltd
- filed_at: 2022-06-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1847846/000149315222016462/0001493152-22-016462-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1847846/000149315222016462/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-016462
- JSON: https://secwatch.observer/filing/0001493152-22-016462.json
- Plain text: https://secwatch.observer/filing/0001493152-22-016462.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
