---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-25-001777"
form_type: "8-K"
ticker: "VSEE"
cik: "0001864531"
company_name: "VSEE HEALTH, INC."
filed_at: "2025-11-17T23:59:59+00:00"
generated_at: "2026-05-16T19:23:38.315455+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# VSee Health issues $217K convertible note at 18% interest, $0.48 conversion price, plus 50K shares

## Summary
- 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.

## SEC filing metadata
- accession: 0001185185-25-001777
- form_type: 8-K
- ticker: VSEE
- cik: 0001864531
- company_name: VSEE HEALTH, INC.
- filed_at: 2025-11-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1864531/000118518525001777/0001185185-25-001777-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1864531/000118518525001777/vsee8k111425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-25-001777
- JSON: https://secwatch.observer/filing/0001185185-25-001777.json
- Plain text: https://secwatch.observer/filing/0001185185-25-001777.txt

## Key facts
- Debt Financings
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1864531/000118518525001777/0001185185-25-001777-index.htm

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