Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant’s Common Equity,
Related Stockholder Matters and Issuer Purchases of Equity Securities.
Our ordinary shares are quoted
on The Nasdaq Stock Market LLC under the symbol “EUDA.” Our redeemable warrants are quoted on The Nasdaq Stock Market LLC
under the symbol “EUDAW.”
Shareholders
As of the date of this report,
there are approximately 28 shareholders of record of our ordinary shares based upon our transfer agent’s report. Because many of
our ordinary shares are held by brokers and other nominees on behalf of shareholders, including in trust, we are unable to estimate the
total number of shareholders represented by these record holders.
Dividends
We have not declared or paid
any cash dividends on our ordinary shares. To date we have utilized all available cash to finance our operations. Payment of cash dividends
in the future will be at the discretion of our Board and will depend upon our earnings levels, capital requirements, any restrictive loan
covenants and other factors the Board considers relevant.
Warrants
On December 31, 2022,
there were 8,625,000 Public Warrants outstanding and 292,250 Private Warrants outstanding. Refer to Note 16 to the consolidated
financial statements included in this annual report for additional information relating to outstanding warrants.
Recent Sales of Unregistered Securities
We made no sales of our equity
securities during the fourth quarter of the fiscal year covered by the report.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
We made no purchases of our equity
securities during the fourth quarter of the fiscal year covered by the report.
Item 6. [Reserved]
Not applicable.
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