# VSEE HEALTH, INC. (VSEEW) — capital_raise/public_offering [announced]
Source: SEC API (secapi.ai) · situation sit_a8ce8960a43a63169247 · retrieved 2026-08-11T16:12:47.383Z

## Overview
VSee Health, Inc. is a Delaware corporation providing health services; the company's business model and specific service offerings are not detailed in this filing.

VSee Health, Inc. issued an unsecured convertible promissory note to Labrys Fund II, L.P. on June 30, 2026 with a principal amount of $336,000 (including a $36,000 original issue discount). The note carries a one-time interest charge of 12% ($40,320), guaranteed and earned in full as of the issue date, and is due and payable on June 30, 2027. The note is convertible into shares of common stock at a conversion price equal to 75% of the lowest closing bid price during the ten trading days prior to conversion, subject to a 4.99% beneficial ownership limitation. The company received $300,000 in cash proceeds, with $5,000 withheld for the buyer's legal fees and $4,000 for due diligence costs.

## Terms
- Counterparty: Labrys Fund II, L.P. · Deal value: $336,000 · Consideration: mixed

## Key dates
- Announced 2026-07-31 · Expiry 2027-06-30

## Timeline
- 2026-07-31 · 8-K (0001185185-26-003211): 8-K - VSEE HEALTH, INC. — *VSee Health, Inc. is a Delaware corporation providing health services; the company's business model and specific service offerings are not detailed in this filing.* VSee Health, Inc. issued an unsecured convertible promissory note to Labrys Fund II, L.P. on June 30, 2026 with a principal amount of $336,000 (including a $36,000 original issue discount). The note carries a one-time interest charge of 12% ($40,320), guaranteed and earned in full as of the issue date, and is due and payable on June 30, 2027. The note is convertible into shares of common stock at a conversion price equal to 75% of the lowest closing bid price during the ten trading days prior to conversion, subject to a 4.99% beneficial ownership limitation. The company received $300,000 in cash proceeds, with $5,000 withheld for the buyer's legal fees and $4,000 for due diligence costs.
  https://www.sec.gov/Archives/edgar/data/1864531/0001185185-26-003211.txt

## Citations
- 0001185185-26-003211 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000118518526003211