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8I ACQUISITION 2 CORP : Entry into a Material Definitive Agreement, Other Events, Financial Statements and Exhibits (form 8-K)

Item 1.01 Entry into a Material Definitive Agreement Prepaid Forward Agreement On November 9, 2022, 8i Acquisition 2 Corp. , EUDA Health Limited and certain institutional investor . | November 10, 2022

Unwelcome Intrusion: Reckoning with the Impact of Economic Sanctions on Derivatives Transactions | Cadwalader, Wickersham & Taft LLP

I. A Growing Risk The United States, along with the United Kingdom and European Union, has increasingly wielded economic sanctions against major commercial actors and financial transactions, sometimes roiling global markets in the process. It is now common for sanctions to target not only rogue regimes, terrorists, and drug traffickers, but also major corporations that are deeply integrated into international financial markets – including derivatives markets. For evidence of this trend, one need look no further than the November 12, 2020 Executive Order (“E.O.”) “on Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies.” The Order prohibits transactions by U.S. persons in the securities of identified Communist Chinese military companies (“CCMCs”), including “any securities that are derivative of, or are designed to provide investment exposure to such securities.”

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