VSee Health entered a settlement on July 21, 2026 that includes issuing 1,000,000 restricted common shares in an unregistered transaction.
ADI Funding will receive 500,000 shares with piggyback registration rights, alongside a $50,000 promissory note convertible at 75% of the lowest 20-day VWAP.
M2B Funding will receive 500,000 shares with piggyback registration rights, alongside a $125,000 promissory note convertible on the same 75% VWAP formula.
Securities were issued under Section 4(a)(2) and/or Regulation D exemptions tied to the settlement of disputes over a $271,739.13 secured promissory note.