EUDA Health rises after convertible warrant deal
05/12/2025 14:48
** Shares of Singapore-based healthcare provider EUDA Health EUDA.O rise 2.4% to $2.90 ** Co says it agreed to sell a $100,000 convertible warrant to investment firm Streeterville Capital ** Deal lets Streeterville buy up to 2 mln EUDA shares at $6 each within 90 days, co says ** EUDA may require Streeterville to buy 10% of shares if price stays above $7.50 for 5 days, co says ** Funds will support expansion in Asia's non-invasive healthcare market, says EUDA CEO Alfred Lim ** Including session's move, stock down ~34% YTD (Reporting by Sahil Pandey in Bengaluru) ((Sahil.Pandey@thomsonreuters.com))