---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-26-003211"
form_type: "8-K"
ticker: "VSEE"
cik: "0001864531"
company_name: "VSEE HEALTH, INC."
filed_at: "2026-07-31T20:31:46+00:00"
generated_at: "2026-07-31T20:33:10.977410+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# VSee Health issues $336K convertible note to Labrys Fund; conversion at 75% of low bid

## Summary
- Issued $336K unsecured convertible promissory note (incl. $36K OID) to Labrys Fund II; net proceeds ~$291K after fees.
- Note matures June 30, 2027; carries 12% one-time interest; convertible at 75% of lowest closing bid price over prior 10 trading days.
- Labrys can require up to 50% of certain cash proceeds to repay note; prepayment option within 181 days at specified percentages.
- Conversion limited to 4.99% beneficial ownership; shares issued under Section 4(a)(2) and Regulation D exemption.
- As of June 30, 2026, VSee had 48.6M common shares outstanding; no other material changes to capitalization.

## SEC filing metadata
- accession: 0001185185-26-003211
- form_type: 8-K
- ticker: VSEE
- cik: 0001864531
- company_name: VSEE HEALTH, INC.
- filed_at: 2026-07-31T20:31:46+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1864531/000118518526003211/0001185185-26-003211-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1864531/000118518526003211/vsee8k073026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-26-003211
- JSON: https://secwatch.observer/filing/0001185185-26-003211.json
- Plain text: https://secwatch.observer/filing/0001185185-26-003211.txt

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