---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-002644"
form_type: "8-K"
ticker: "EHSI"
cik: "0001089815"
company_name: "Elite Health Systems Inc."
filed_at: "2024-01-18T23:59:59+00:00"
generated_at: "2026-06-06T21:41:42.370314+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# USNU raises $1M in initial close of up to $2M private placement at $0.50/share

## Summary
- Initial closing of private placement raised $1,000,000 from accredited investors at $0.50 per share; second close up to $1,000,000 expected within a month.
- Net proceeds will fund the development of wholly-owned subsidiary Elite Health Plans, Inc., a Medicare Advantage plan startup with no revenue.
- Elite Health plans to launch in Nevada, then California; risks include limited operating history, regulatory hurdles, and well-funded competitors.
- Company pivoted from historical neurosurgical business to Medicare Advantage after acquiring Elite Health in Oct 2021 for a 15% equity stake valued at $315,000.

## SEC filing metadata
- accession: 0001140361-24-002644
- form_type: 8-K
- ticker: EHSI
- cik: 0001089815
- company_name: Elite Health Systems Inc.
- filed_at: 2024-01-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1089815/000114036124002644/0001140361-24-002644-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1089815/000114036124002644/ef20018998_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-002644
- JSON: https://secwatch.observer/filing/0001140361-24-002644.json
- Plain text: https://secwatch.observer/filing/0001140361-24-002644.txt

## Key facts
- Material Agreements
  Elite Health Systems Inc. entered into Private Placement with certain accredited investors valued at $1,000,000 (effective 2024-01-16).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain accredited investors
  - Value: $1,000,000
  - Effective: 2024-01-16
  source text: On January 16, 2024, U.S. NeuroSurgical Holdings, Inc. (“USNU” or the “Company”), held an initial closing (the “Initial Closing”) of a private placement of shares of the Company’s common stock for gross proceeds of not less than $1,000,000 and up to $2,000,000 at a price per share of $0.50 per share (“Private Placement”). With the Initial Closing, the Company raised proceeds of $1,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1089815/000114036124002644/0001140361-24-002644-index.htm

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