VSEE HEALTH, INC. 8-K

What Happened

• VSee Health, Inc. reported that on June 12, 2026 it received a notice dated June 11, 2026 from ADI Funding, LLC asserting an Event of Default under the company’s 8% original-issue-discount secured promissory note.
• The promissory note has an aggregate principal amount of $271,739.13 (which includes an original issue discount of $21,739.13). The Holder cites breaches tied to a related securities purchase agreement dated June 8, 2026.

Key Details

• Holder: ADI Funding, LLC; Notice received by VSee on June 12, 2026 (notice dated June 11, 2026).
• Instrument: 8% original-issue-discount secured promissory note, aggregate principal $271,739.13 (OID $21,739.13).
• Alleged defaults: failure to file a resale registration statement on Form S-1 pursuant to the Purchase Agreement, failure to file a Form 8-K related to the Purchase Agreement, and failure to issue transfer agent instructions — each alleged missed by June 11, 2026.
• Related agreement: securities purchase agreement (SPA) dated June 8, 2026.

Why It Matters

• The filing notifies investors that a creditor has formally alleged a default under VSee’s debt and related agreement. Such allegations can lead to the creditor seeking enforcement actions, including acceleration of amounts due, if the default is established under the contracts.
• The claimed amount ($271,739.13) is relatively modest in absolute terms, but any acceleration or enforcement could affect the company’s near-term cash needs and financing plans. Investors should watch for follow-up disclosures (company response, remediation steps, or further actions by the Holder) in subsequent filings.