BUZZ-EUDA Health rises after convertible warrant deal

Reuters

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BUZZ-<a href="https://laohu8.com/S/EUDA">EUDA Health</a> rises after convertible warrant deal

** 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))

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