secwatch.observer — SEC 8-K summary
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Issuer:     EUDA Health Holdings Ltd (EUDA)
CIK:        0001847846
Form:       8-K
Filed at:   2022-09-08T23:59:59+00:00
Accession:  0001493152-22-025318
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

8i Acquisition 2 amends SPA with EUDA Health; adds dual-signature condition on bank account disbursements
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- Third Amendment to Share Purchase Agreement requires two signatures for any post-closing bank account disbursement; one must be sponsor-nominated independent director.
- Condition to closing: Purchaser must add sponsor-nominated person as authorized signatory to the Purchaser Bank Account (CitiBank, account 12867700).
- Post-closing covenant: Until Jan 2, 2024, the company cannot change signatories or reduce number from two without sponsor consent.
- Amendment executed on Sept 7, 2022, among EUDA Health, Watermark Developments, 8i Acquisition 2, and indemnified representative.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1847846/000149315222025318/0001493152-22-025318-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1847846/000149315222025318/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-025318

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