Euda Health Holdings Expands Portfolio with Fortress Cove Acquisition

Euda Health Holdings Limited (EUDA) has released an update.

Euda Health Holdings Limited has entered a Share Purchase Agreement to acquire all issued shares of Fortress Cove Limited, owned by the vendors listed in Schedule 1. The acquisition is valued at $15 million, to be satisfied through the issuance of 10 million new shares, with an additional 1 million shares contingent on meeting certain milestones. The transaction is set to be completed by May 8, 2024, pending customary closing conditions.

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