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EUDA Health Holdings Limited Ordinary Shares - EUDA STOCK NEWS

Welcome to our dedicated page for EUDA Health Holdings Ordinary Shares news (Ticker: EUDA), a resource for investors and traders seeking the latest updates and insights on EUDA Health Holdings Ordinary Shares stock.

EUDA Health Holdings Limited (NASDAQ: EUDA) is a pioneering health technology company based in Singapore. The company operates a unique Southeast Asian digital healthcare ecosystem designed to make healthcare both affordable and accessible. EUDA's proprietary AI platform quickly evaluates a patient's medical history, triages conditions, connects patients digitally with clinicians, and predicts the best treatment outcomes.

EUDA Health Holdings caters to all stages of care, including wellness and prevention, urgent care and emergencies, pre-existing conditions, and aftercare services, ensuring comprehensive patient support.

Operating primarily in two segments, Medical Services and Property Management Services, EUDA derives the majority of its revenue from Medical Services. The company's ecosystem is a game-changer in digital healthcare, focusing on patient-centric services and outcomes.

Recently, EUDA announced a significant acquisition of CK Health Plus Sdn Bhd (“CK Health”), a direct seller of holistic wellness consumer products in Malaysia. This strategic move includes a share consideration of 10 million newly issued ordinary shares valued at US$15 million. CK Health leverages non-invasive therapies and advanced technologies to make holistic healthcare accessible.

Integrating CK Health’s products, EUDA plans to license bioenergy cabins to spas, beauty salons, and confinement centers while distributing Yoroyal’s consumer products through direct selling, e-commerce platforms, and retail outlets. Bioenergy cabins utilize resonant frequencies associated with individual DNA profiles to offer real-time biofeedback and adapt therapies based on neurological responses and genetic predispositions, making them a cutting-edge addition to EUDA’s offerings.

Moreover, the company's CEO, Dr. Kelvin Chen, emphasized the synergies and growth opportunities from this acquisition, highlighting the potential to tap into the growing Southeast Asian healthcare market, which is expected to significantly increase in spending in the coming years.

With a holistic approach to healthcare, EUDA remains committed to innovation and excellence, supporting its mission to empower individuals to lead healthier lives through personalized, AI-driven health solutions.

For more information about EUDA Health Holdings Limited and its innovative healthcare solutions, please visit www.euda.com.

Rhea-AI Summary

EUDA Health Holdings has successfully completed the acquisition of CK Health Plus Sdn Bhd, expanding its presence in Malaysia and venturing into direct selling of holistic wellness products in Southeast Asia. The acquisition provides EUDA with access to CK Health's distribution network, customer base, and industry expertise, enhancing its regional market position and product portfolio.

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EUDA Health Holdings (EUDA) announced the acquisition of CK Health Plus Sdn Bhd, a direct seller of holistic wellness products in Malaysia, for 10 million shares valued at US$15 million. The deal is set to close on 8th May 2024. CK Health's products focus on non-invasive therapies and exclusive distribution rights for bioenergy cabins and collagen products. EUDA plans to integrate these products into its offerings to target chronic conditions and tap into Southeast Asia's growing healthcare market.

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EUDA Health Holdings Limited (EUDA) received a notice from Nasdaq indicating that the company had failed to maintain a minimum market value of listed securities of $35 million. However, the company regained compliance with the requirement for continued listing on the Nasdaq Capital Market.
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EUDA Health Holdings Limited received a notice from Nasdaq indicating that the company failed to maintain the Minimum Market Value of Listed Securities of $35 million over the previous 30 consecutive business days. The company has been given a 180-day compliance period to regain the minimum market value, failing which, its securities will be subject to delisting.
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EUDA Health Holdings announces letter of intent for merger with TheoremRx
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EUDA Health Holdings regains compliance with Nasdaq listing requirements
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EUDA Health Holdings Limited (NASDAQ: EUDA, EUDAW), a Singapore-based health technology company, announced it received a delinquency notification from Nasdaq on April 5, 2023, due to its failure to file the Annual Report on Form 10-K for the fiscal year ending December 31, 2022. The company has 60 days to submit a compliance plan. If accepted, it could receive up to 180 days to file the report. Management is working to complete the necessary information but needs additional time for final audits. The delinquency notice does not immediately impact the trading of EUDA's common stock, which remains listed on Nasdaq.

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FAQ

What is the current stock price of EUDA Health Holdings Ordinary Shares (EUDA)?

The current stock price of EUDA Health Holdings Ordinary Shares (EUDA) is $4.419 as of November 8, 2024.

What is the market cap of EUDA Health Holdings Ordinary Shares (EUDA)?

The market cap of EUDA Health Holdings Ordinary Shares (EUDA) is approximately 151.6M.

What is EUDA Health Holdings Limited?

EUDA Health Holdings Limited is a Singapore-based health technology company that operates a digital healthcare ecosystem aimed at making healthcare affordable and accessible.

What services does EUDA provide?

EUDA provides comprehensive healthcare services, including wellness and prevention, urgent care and emergencies, pre-existing conditions, and aftercare services.

What is EUDA’s proprietary AI platform?

EUDA’s AI platform quickly assesses a patient's medical history, triages conditions, connects patients with clinicians, and predicts optimal treatment outcomes.

What recent acquisition did EUDA announce?

EUDA recently announced the acquisition of CK Health Plus Sdn Bhd, a seller of holistic wellness consumer products in Malaysia.

How does EUDA plan to use CK Health’s products?

EUDA plans to integrate CK Health’s products into its portfolio, licensing bioenergy cabins to various partners and distributing consumer products via direct selling and retail outlets.

What are bioenergy cabins?

Bioenergy cabins use resonant frequencies associated with individual DNA profiles to offer therapies for pain management and mobility improvement, providing real-time biofeedback.

What are Yoroyal’s consumer products?

Yoroyal’s products include collagen drinks, supplements, and skincare items that leverage oligopeptide technology to improve digestion, reduce inflammation, and boost overall health.

What is the significance of the recent acquisition for EUDA?

The acquisition allows EUDA to expand its market presence in Malaysia, diversify its product offerings, and enhance its distribution channels, thereby driving long-term growth.

Where does EUDA derive most of its revenue?

EUDA derives the majority of its revenue from its Medical Services segment.

How does EUDA support its mission?

EUDA supports its mission by leveraging innovative technology and personalized healthcare solutions to make healthcare affordable and accessible, thus improving patient outcomes.

EUDA Health Holdings Limited Ordinary Shares

Nasdaq:EUDA

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EUDA Stock Data

151.58M
19.82M
49.35%
2.5%
0.01%
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