EUDA Health Holdings Executes 1-for-20 Reverse Split, Cuts Shares to 2.5M
EUDA Health Holdings will implement a 1-for-20 reverse stock split effective March 23, 2026, reducing outstanding shares from approximately 50.3 million to 2.5 million. Concurrently, warrant exercise prices will rise from $11.50 to $230.00 and warrant shares adjust proportionately to 222,932 issuable shares.
1. Reverse Stock Split Details
The board approved a 1-for-20 reverse stock split of ordinary shares under British Virgin Islands law, taking effect at market open on March 23, 2026.
2. Share Count Impact
Outstanding ordinary shares will decrease from approximately 50,307,491 to about 2,515,375, with each shareholder’s percentage ownership and voting power largely unchanged aside from minimal rounding effects.
3. Warrant Terms Adjustment
The split adjusts terms on 8,917,250 warrants currently exercisable for 4,458,625 shares at $11.50 each; after the split these will cover 222,932 shares at an exercise price of $230.00 per share.
4. Shareholder Procedures
Electronic book-entry positions will be updated automatically by transfer agent Equiniti, while paper certificate holders may submit certificates to receive updated share certificates reflecting the split.