VSee Health Inc enters new secured loan agreement and amends existing financing terms with institutional investor
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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.
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