debt
confidence high
sentiment negative
materiality 0.65
VSee Health lowers convertible note conversion price to $0.75 per share
VSEE HEALTH, INC.
- Amendment to $2,222,222 senior secured convertible promissory note dated Sept 30, 2024.
- New conversion price set at $0.75 per share; prior price unspecified but higher.
- Note held by Ascent Partners Fund LLC; all other terms remain unchanged.
- Company reaffirms obligations and liens under the transaction documents.