---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-054994"
form_type: "8-K"
ticker: "EHSI"
cik: "0001089815"
company_name: "Elite Health Systems Inc."
filed_at: "2023-11-28T23:59:59+00:00"
generated_at: "2026-06-07T20:46:04.622242+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# USNU acquires remaining 15% of subsidiary USN, issuing 1.39M shares in share exchange

## Summary
- USNU issued 1,392,739 new shares to minority holders of USN, making USN a wholly-owned subsidiary.
- Minority holders were former shareholders of Elite Health Plan acquired in Oct 2021; exchange provides public market access.
- Post-exchange, USNU has 9,284,924 shares outstanding.
- Elite Health plans to operate Medicare Advantage plans in Nevada and California, but licensing and capital needed.
- Elite Health currently has no revenues; will need to raise capital to support licensing and network building.

## SEC filing metadata
- accession: 0001140361-23-054994
- form_type: 8-K
- ticker: EHSI
- cik: 0001089815
- company_name: Elite Health Systems Inc.
- filed_at: 2023-11-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1089815/000114036123054994/0001140361-23-054994-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1089815/000114036123054994/ny20015457x1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-054994
- JSON: https://secwatch.observer/filing/0001140361-23-054994.json
- Plain text: https://secwatch.observer/filing/0001140361-23-054994.txt

## Key facts
- Material Agreements
  Elite Health Systems Inc. entered into Share Exchange Agreement with holders of minority interests in U.S. NeuroSurgical, Inc. valued at 1,392,739 newly-issued shares of USNU common stock, representing 15% of the Company's outstanding co (effective 2023-11-27).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: holders of minority interests in U.S. NeuroSurgical, Inc.
  - Value: 1,392,739 newly-issued shares of USNU common stock, representing 15% of the Company's outstanding co
  - Effective: 2023-11-27
  source text: U.S. NeuroSurgical Holdings, Inc. (“USNU” or the “Company”), entered into a Share Exchange Agreement dated as of November 27, 2023 (the “Share Exchange Agreement”) with the holders of minority interests in U.S. NeuroSurgical, Inc. (“USN”), which resulted in making USN a wholly-owned subsidiary of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1089815/000114036123054994/0001140361-23-054994-index.htm

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