VSee Health issues $180,550 additional convertible note to Vanquish
VSEE•VSee Health issued Vanquish an additional unsecured convertible note with $180,550 in principal on Sept. 24, 2026, maturing July 30, 2027.
1. Note terms
The note carries a one-time 12% interest charge added to principal. Vanquish may convert only during an event of default, subject to a 4.99% beneficial ownership cap; the conversion price is 65% of the lowest closing bid over the prior 10 trading days.
2. Earlier financing
The note follows a June 18, 2026, note with $295,550 in principal. The agreement permits up to $2.05 million in additional tranches.
