i Acquisition 2 Corp. Announces Approval of Business Combination and Ability of Shareholders to Withdraw Ordinary Shares Tendered for Redemption Singapore

Acquisition 2 Corp. Announces Approval of Business Combination and Ability of Shareholders to Withdraw Ordinary Shares Tendered for Redemption

November 10, 2022 /PRNewswire/ - 8i Acquisition 2 Corp. (NASDAQ: LAX, the "Company"), a special purpose

acquisition company, announced today that all proposals presented to shareholders at the special meeting of shareholders held on

November 10, 2022 at 10:00 a.m. Eastern Time relating to the Company's business combination with EUDA Health Limited were

approved by shareholders. Holders of Company's ordinary shares that elected to redeem shares in connection with the

Company's special meeting of shareholders may withdraw such redemption requests by no later than 5:00 p.m. Eastern Time on

November 11, 2022. Based on a total of 8,195,770 ordinary shares tendered for redemption in connection the special meeting of

shareholders as of 5 p.m. on November 8, 2022, the final redemption price is $10.0837 per share redeemed.

8i Acquisition 2 Corp.

Acquisition 2 Corp. is a British Virgin Islands company incorporated in January 2021 as a blank check company for the purpose of

entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination

with one or more businesses or entities. LAX's efforts to identify a prospective target business will not be limited to a particular

industry or geographic region, although LAX intends to focus on targets located in Asia.

press release includes forward-looking statements that involve risks and uncertainties. Forward looking statements are statements that

are not historical facts. Such forward-looking statements, including the successful consummation of the Company's initial public

offering, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. The

Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements

contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or

circumstances on which any statement is based.

investor and media inquiries, please contact:

Cody Slach or Matthew Hausch

PR: Zach Kadletz or Catherine Adcock

Phone: (949) 574-3860

E-mail : LAX@gatewayir.com