secwatch.observer — SEC 8-K summary
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Issuer:     VSEE HEALTH, INC. (VSEE)
CIK:        0001864531
Form:       8-K
Filed at:   2025-11-17T23:59:59+00:00
Accession:  0001185185-25-001763
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VSee Health exchanges $612K note for 941K shares and enters $25M ELOC
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- Exchanged $611,878.22 promissory note for 941,352 common shares; note cancelled.
- Secured $25M equity line of credit (ELOC) via directed stock purchase agreement; 36-month term.
- ELOC pricing: 96% of 10-day low VWAP (94% if price below $1.00); expanded purchase up to $5M.
- Sales capped at 19.9% of outstanding shares; proceeds for working capital and corporate purposes.
- Both transactions with accredited institutional investors; unregistered under Sections 3(a)(9) and 4(a)(2).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1864531/000118518525001763/0001185185-25-001763-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1864531/000118518525001763/vsee8k111425.htm
  HTML page:      https://secwatch.observer/filing/0001185185-25-001763

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