Chen Wei Wen Kelvin 4
4 · EUDA Health Holdings Ltd · Filed May 26, 2023
Insider Transaction Report
Form 4
Chen Wei Wen Kelvin
DirectorCHIEF EXECUTIVE OFFICER
Transactions
- Other
Ordinary Share
2023-05-16+850,306→ 850,306 total
Holdings
- 1,073,333(indirect: See Footnote)
Ordinary Share
Footnotes (3)
- [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).