<a href="https://laohu8.com/S/VSEE">VSee Health</a> Inc enters new secured loan agreement and amends existing financing terms with institutional investor
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.
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