secwatch.observer — SEC 8-K summary
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Issuer:     EUDA Health Holdings Ltd (EUDA)
CIK:        0001847846
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001493152-22-030856
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

8i Acquisition 2 enters forward purchase agreement with Greentree to support business combination with EUDA Health
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- Forward Purchase Agreement with Greentree for up to 125,000 shares at $10.41 each, on 60th day post-closing.
- Waiver Agreement waives several closing conditions, including bank consents and EUDA's minimum $10M cash requirement.
- GSV Capital advisory fee reduced from 50,000 to 12,500 shares of 8i after closing.
- Pro forma combined revenue $5.1M for H1 2022; net loss $864K attributable to shareholders.
- Risk added: 8i will not have immediate access to escrowed funds after closing, potentially affecting liquidity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1847846/000149315222030856/0001493152-22-030856-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1847846/000149315222030856/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-030856

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