VSee Health faces default notice on $271,739.13 promissory note from ADI Funding

VSee Health, Inc.

VSee Health, Inc.

VSEE

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  • VSee Health received a default notice from ADI Funding tied to its 8% original issue discount secured promissory note with aggregate principal of 271,739.13.
  • ADI Funding alleged missed June 11 filing and issuance deadlines under the June 8 securities purchase agreement, including a Form S-1 resale registration statement.
  • The promissory note provides a 10 trading-day cure period before the holder can accelerate the debt or pursue collateral enforcement.
  • VSee Health is evaluating resolution options while contesting the asserted obligations.


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