{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-022124","form_type":"8-K","ticker":"EHSI","cik":"0001089815","company_name":"Elite Health Systems Inc.","filed_at":"2025-07-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.309695+00:00","generated_at":"2026-05-18T09:24:48.155331+00:00","sec_items":["3.02","8.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Elite Health Systems commences $2M-$5M private placement; enters LOI to acquire PSS for 3.16M shares","bullets":["Private placement of common stock at $0.95/share for gross proceeds of $2M to $5M; proceeds to fund Elite Health Plan and PSS integration.","Non-binding LOI to acquire 100% of Physician Support Systems (PSS) for 3,158,000 shares; CEO Prasad Jeereddi owns 51% of PSS (related party).","Company seeks stockholder approval to increase authorized shares from 25M to 50M to support issuance; proxy statement to be filed.","Elite Health subsidiary conditionally approved by CMS for CY2026 Medicare Advantage plan; final approval pending bid and pre-implementation."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-022124","json":"https://secwatch.observer/filing/0001437749-25-022124.json","markdown":"https://secwatch.observer/filing/0001437749-25-022124.md","text":"https://secwatch.observer/filing/0001437749-25-022124.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1089815/000143774925022124/0001437749-25-022124-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1089815/000143774925022124/ehsi20250703_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T09:24:48.155331+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}