secwatch.observer — SEC 8-K summary
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Issuer:     VSEE HEALTH, INC. (VSEE)
CIK:        0001864531
Form:       8-K
Filed at:   2024-10-01T23:59:59+00:00
Accession:  0001104659-24-104479
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VSee Health issues $2.22M senior secured convertible notes due 2026, warrants at $2.25, 100K commitment shares
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- Principal $2,222,222.22 at 10% interest, due March 30, 2026; secured by substantially all assets including IP.
- Investor receives 740,741 warrants (5-year, $2.25 strike) and 100,000 commitment shares of common stock.
- Note convertible into common stock, subject to 4.99% beneficial ownership cap.
- Directors and officers entered lock-up agreements until note is outstanding.
- Registration rights agreement requires filing to register shares underlying note, warrants, and commitment shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1864531/000110465924104479/0001104659-24-104479-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1864531/000110465924104479/tm2425260d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-104479

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