VSee Health Secures New Note Purchase Agreement
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VSee Health, Inc. has entered a note purchase 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 agreement includes restrictions on variable rate transactions and mandates equal terms for future debt holders. Analysts rate VSEE stock as a Sell with a $0.50 price target, citing financial instability and risks of Nasdaq delisting, despite some revenue growth. VSee Health focuses on telemedicine solutions and has a current market cap of $11.01M.
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