other material
confidence high
sentiment negative
materiality 0.55
VSee Health receives default notice on $272k promissory note from ADI Funding LLC
VSEE HEALTH, INC.
- ADI Funding asserts Event of Default for failure to file resale registration, Form 8-K, and transfer agent instructions by June 11, 2026.
- Company has 10 trading days to cure; if not cured, holder can accelerate debt and enforce collateral.
- Promissory Note principal is $271,739.13 including $21,739.13 original issue discount.
- The Note and securities purchase agreement were entered June 8, 2026 and filed with SEC on June 11, 2026.
- VSee is evaluating resolution alternatives; no assurance on timing or outcome.