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Euda Health Holdings Expands Portfolio with Fortress Cove Acquisition
Company Announcements

Euda Health Holdings Expands Portfolio with Fortress Cove Acquisition

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

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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.

For further insights into EUDA stock, check out TipRanks’ Stock Analysis page.

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