debt
confidence high
sentiment neutral
materiality 0.55
VSee Health extends $3M Quantum Note maturity to 2026, issues $500k convertible note
VSEE HEALTH, INC.
- Amended $3M Quantum Note: maturity extended to June 30, 2026; 12% annual interest (18% on default), 18 months interest guaranteed.
- Issued $500k Equity Purchase Commitment Note payable only in common stock at $10/share, due September 22, 2024.
- Amendment executed with Quantum Assets SPV LLC; note originally issued June 25, 2024 under existing purchase agreement.
- Adopted updated Code of Ethics to reflect name change from Digital Health Acquisition Corp. to VSee Health.