VSEE HEALTH, INC. (VSEE): debt financing — VSee Health issues $217K convertible note at 18% interest, $0.48 conversion price, plus 50K shares

VSEE HEALTH, INC.

Initial principal $217,391; net proceeds $201,000 (8% OID) to VSee Health from M2B Funding Corp.
Interest 18% p.a.; first 8 months guaranteed; maturity Oct 29, 2026.
Conversion at $0.48/share after Jan 29, 2026; prepayment allowed with 10% fee.
Note secured by all company assets; investor has right to buy additional note for 12 months.
50,000 shares of common stock issued to investor for $1,000 as Additional Equity Stock.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

VSEE HEALTH, INC. incurred convertible notes of $217,391 with an accredited institutional investor at 18% per annum maturing October 29, 2026.

Instrument: convertible notes
Principal: $217,391
Counterparty: an accredited institutional investor
Rate: 18% per annum
Maturity: October 29, 2026
Event: incurrence

Exact text from the filing

On October 29, 2025, VSee Health, Inc. (the "Company"), entered into a convertible note purchase agreement (the "CNPA") with an accredited institutional investor (the "Investor"), whereby the Investor purchased a convertible promissory note in the initial principal amount of $217,391

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

VSEE HEALTH, INC. issued 50,000 shares of the Company’s common stock of common stock to an accredited institutional investor for aggregate purchase price of $201,000.

Security: common stock
Shares: 50,000 shares of the Company’s common stock
Purchaser: an accredited institutional investor
Consideration: aggregate purchase price of $201,000

Exact text from the filing

the Investor purchased a convertible promissory note in the initial principal amount of $217,391 (the “Note”) and 50,000 shares of the Company’s common stock, par value $0.0001 per share (“Common Stock”) for an aggregate purchase price of $201,000.

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10 debt financings filed in the last 30 days. Browse all debt financings →

VSEE HEALTH, INC. filing history →

Source: SEC EDGAR

accession 0001185185-25-001777

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