Wei Wen Kelvin Chen - May 16, 2023 Form 4 Insider Report for EUDA Health Holdings Ltd (EUDA)

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
/s/ Wei Wen Kelvin Chen
Stock symbol
EUDA
Transactions as of
May 16, 2023
Transactions value $
$0
Form type
4
Date filed
5/26/2023, 08:42 AM
Previous filing
Nov 25, 2022
Next filing
Jun 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EUDA Ordinary Share Other +850K 850K May 16, 2023 Direct F2, F3
holding EUDA Ordinary Share 1.07M May 16, 2023 See Footnote F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are owned and acquired indirectly in connection with the business combination (as disclosed in the Issuer's Current Report on Form 8-K filed on November 23, 2022) through beneficial ownership of Watermark Development Limited.
F2 The Reporting Person acquired 850,306 ordinary shares of the Issuer pursuant to certain settlement agreement between the Issuer and the Reporting Person, dated May 16, 2023.
F3 Pursuant to the Settlement Agreement referenced in footnote 2, the reported shares were issued to the Reporting Person in full satisfaction of his claim against Kent Ridge Healthcare Singapore Ltd, a wholly-owned subsidiary of the Issuer, in the amount of $850,306 (which is approximately S$1,136,264.46 at a USD/SGD exchange rate of 1 to 1.3363).