---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-26-004440"
form_type: "8-K"
ticker: "VSEE"
cik: "0001864531"
company_name: "VSEE HEALTH, INC."
filed_at: "2026-09-30T20:15:27+00:00"
generated_at: "2026-10-12T14:05:40.654270+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# VSee Health issues $180,550 Vanquish convertible note due July 30, 2027 with 12% interest, default-only conversion

## Summary
- VSee issued Vanquish Funding Group an additional unsecured convertible note with $180,550 principal, $23,550 OID, and $157,000 purchase price on Sept. 24, 2026.
- The note carries a one-time 12% interest charge of $21,666, 22% default interest, and is due July 30, 2027; payments total $202,216.
- Payments: $101,108 on March 30, 2027, then four $25,277 installments on April 30, May 30, June 30, and July 30, 2027; missed payment is an Event of Default.
- Vanquish may convert only after an Event of Default at 65% of the lowest 10-day closing bid, subject to a non-waivable 4.99% beneficial ownership cap.
- The Vanquish SPA permits additional tranches up to $2,050,000; the prior June 18, 2026 note had $295,550 principal and $38,550 OID.

## SEC filing metadata
- accession: 0001185185-26-004440
- form_type: 8-K
- ticker: VSEE
- cik: 0001864531
- company_name: VSEE HEALTH, INC.
- filed_at: 2026-09-30T20:15:27+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1864531/000118518526004440/0001185185-26-004440-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1864531/000118518526004440/vsee8k093026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-26-004440
- JSON: https://secwatch.observer/filing/0001185185-26-004440.json
- Plain text: https://secwatch.observer/filing/0001185185-26-004440.txt

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