secwatch.observer — SEC 8-K summary
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Issuer:     VSEE HEALTH, INC. (VSEE)
CIK:        0001864531
Form:       8-K
Filed at:   2026-07-31T20:31:46+00:00
Accession:  0001185185-26-003211
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1864531/000118518526003211/0001185185-26-003211-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1864531/000118518526003211/vsee8k073026.htm
  HTML page:      https://secwatch.observer/filing/0001185185-26-003211

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