---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-025897"
form_type: "8-K"
ticker: "EHSI"
cik: "0001089815"
company_name: "Elite Health Systems Inc."
filed_at: "2026-08-05T18:44:29+00:00"
generated_at: "2026-08-05T18:45:37.134612+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Elite Health Systems enters $525K subordinated note with CEO; grants warrants for 110,526 shares

## Summary
- $525,000 subordinated note from CEO Dr. Prasad Jeereddi, due July 31, 2027, 10% interest, 2% prepayment penalty.
- Warrant to purchase 110,526 shares at $0.95/share, exercisable through July 31, 2031, with cashless exercise.
- Company may accept additional investments up to $1.5 million aggregate on same terms.
- Note is unsecured and subordinated; warrants are not registered and restricted.
- Transaction approved by independent board members.

## SEC filing metadata
- accession: 0001437749-26-025897
- form_type: 8-K
- ticker: EHSI
- cik: 0001089815
- company_name: Elite Health Systems Inc.
- filed_at: 2026-08-05T18:44:29+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1089815/000143774926025897/0001437749-26-025897-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1089815/000143774926025897/ehsi20260804_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-025897
- JSON: https://secwatch.observer/filing/0001437749-26-025897.json
- Plain text: https://secwatch.observer/filing/0001437749-26-025897.txt

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