VSee Health Inc enters new secured loan agreement and amends existing financing terms with institutional investor
VSee Health Inc. has secured a new loan agreement with an institutional investor, issuing a secured note of $133,333.33 at a purchase price of $120,000, with a 5% interest rate maturing on May 8, 2026. The company is restricted from variable rate transactions and must offer better terms to the investor if available. Existing agreements with Dominion Capital LLC have been amended to secure the new note with company assets. In case of default, the interest rate may rise to 24% per annum or the maximum allowed by law.
VSee Health Inc. has entered into a new secured note purchase agreement with an accredited institutional investor, issuing a secured note with a principal amount of $133,333.33 for a purchase price of $120,000. The note carries a 5% annual interest rate and matures on May 8, 2026. As part of the agreement, the company is prohibited from entering into variable rate transactions or exchange transactions involving its debt or securities, and must offer the investor any more favorable terms granted to future purchasers or holders of its debt or securities. Additionally, VSee Health amended existing security agreements and guaranties with Dominion Capital LLC to ensure the new note is fully secured by company and subsidiary assets. In the event of default, the note’s interest rate may increase to a maximum of 24% per annum or the highest rate permitted by law. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VSee Health Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001185185-25-001417), on October 10, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
