---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-21-033882"
form_type: "8-K"
ticker: "EHSI"
cik: "0001089815"
company_name: "Elite Health Systems Inc."
filed_at: "2021-10-06T23:59:59+00:00"
generated_at: "2026-06-28T22:29:30.507362+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# USN subsidiary to acquire Elite Health Plan for 15% stake in unit

## Summary
- USN (wholly owned by USNU) issues 300 new shares to Elite Health shareholders, representing 15% of USN post-closing.
- Elite Health is a private Medicare Advantage plan developer formed in 2017; applying for Knox Keene license in California.
- Transaction does not immediately dilute USNU shareholders but reduces USNU's interest in USN by 15%.
- If no trading market for USN shares after six months, shareholders can request steps for public trading access or exchange into USNU shares.
- Approximately $167,000 of Elite Health's current obligations must be resolved before or after closing.

## SEC filing metadata
- accession: 0001140361-21-033882
- form_type: 8-K
- ticker: EHSI
- cik: 0001089815
- company_name: Elite Health Systems Inc.
- filed_at: 2021-10-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1089815/000114036121033882/0001140361-21-033882-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1089815/000114036121033882/brhc10029560_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-21-033882
- JSON: https://secwatch.observer/filing/0001140361-21-033882.json
- Plain text: https://secwatch.observer/filing/0001140361-21-033882.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.