secwatch.observer — SEC 8-K summary
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Issuer:     VSEE HEALTH, INC. (VSEE)
CIK:        0001864531
Form:       8-K
Filed at:   2026-07-24T20:30:48+00:00
Accession:  0001185185-26-003124
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 1.01, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

VSee Health settles default dispute with ADI and M2B; issues notes and 1M shares
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- Settlement resolves alleged default on $271,739 note; company to pay $50k cash and issue $50k convertible note to ADI.
- Company issues $125k convertible note to M2B; both notes convertible at 75% of lowest 20-day VWAP.
- Company issues 500k restricted shares each to ADI and M2B (1M total) with piggyback registration rights.
- Repayment of existing note from 50% of future financing proceeds (100% from ELOC).
- Default triggers acceleration, 18% interest, and reinstatement of original remedies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1864531/000118518526003124/0001185185-26-003124-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1864531/000118518526003124/vsee8k072426.htm
  HTML page:      https://secwatch.observer/filing/0001185185-26-003124

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer