---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-25-001496"
form_type: "8-K"
ticker: "VSEE"
cik: "0001864531"
company_name: "VSEE HEALTH, INC."
filed_at: "2025-10-20T23:59:59+00:00"
generated_at: "2026-05-17T03:17:52.381325+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# VSee Health issues $133k secured note, terminates equity line with Dominion

## Summary
- Issued $133,333.33 secured note for $120,000 (10% OID), 5% interest, matures May 20, 2026, non-convertible.
- Note fully secured by all assets of VSee and its subsidiaries under amended security agreements.
- Terminated Equity Purchase Agreement with Dominion effective October 18, 2025, ending the equity line.
- Covenants prohibit variable-rate transactions and require most-favored-nation terms to investor.
- Proceeds used for general corporate purposes; existing security agreements amended to include this note.

## SEC filing metadata
- accession: 0001185185-25-001496
- form_type: 8-K
- ticker: VSEE
- cik: 0001864531
- company_name: VSEE HEALTH, INC.
- filed_at: 2025-10-20T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1864531/000118518525001496/0001185185-25-001496-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1864531/000118518525001496/vsee8k102025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-25-001496
- JSON: https://secwatch.observer/filing/0001185185-25-001496.json
- Plain text: https://secwatch.observer/filing/0001185185-25-001496.txt

## Key facts
- Debt Financings
  VSEE HEALTH, INC. incurred loan of $133,333.33 with an accredited institutional investor at 5% per annum maturing May 20, 2026.
  - Instrument: loan
  - Principal: $133,333.33
  - Counterparty: an accredited institutional investor
  - Rate: 5% per annum
  - Maturity: May 20, 2026
  - Event: incurrence
  source text: the Company issued to the Investor a secured note in the aggregate principal amount of $133,333.33 (the “Note”) for a purchase price of $120,000. The Note bears interest at the rate of 5% per annum and matures on May 20, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1864531/000118518525001496/0001185185-25-001496-index.htm

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