VSee Health Strengthens Balance Sheet With The Elimination of Debt

Rhea-AI Summary

VSee Health (NASDAQ:VSEE) announced record-setting revenue growth and the elimination of over $5 million in legacy SPAC debt on October 23, 2025. The company said this debt removal strengthens its balance sheet, bolsters creditor confidence, and helps ensure compliance with NASDAQ listing requirements. Management framed the move as positioning VSee Health for sustained long-term growth and noted shareholder support as a key factor in the milestone.

Positive

• Debt elimination of over $5M
• Record-setting revenue growth reported
• Improved creditor confidence supporting the balance sheet
• Moves the company toward NASDAQ listing compliance

Negative

• None.

SAN JOSE, CALIFORNIA / ACCESS Newswire / October 23, 2025 / VSee Health, Inc. (Nasdaq:VSEE), a pioneering force in telehealth innovation, recently announced record-setting revenue growth. However, the Company has also been able to eliminate over $5M in legacy SPAC debt as it continues to strengthen its balance sheet and position itself for long term growth.

Recent activity has significantly bolstered creditor confidence, creating a ripple effect that strengthens VSee Health's financial foundation. This debt reduction enhances the Company's balance sheet, positions it for sustained growth and enables compliance with NASDAQ listing requirements.

"We are deeply grateful for the incredible support from our shareholders and the broader public," said Co-CEO Dr. Imo Aisiku. "This is just the beginning of an exciting chapter for VSee Health.

About VSee Health

VSee Health (NASDAQ: VSEE) is a telehealth technology and services company delivering high-acuity virtual care solutions through its scalable, API-driven platform. The Company's offerings integrate secure video, device data, and EHR connectivity to power hospital systems, health networks, and employers across the United States. Visit www.vseehealth.com.

Forward-Looking Statements

Matters discussed in this news release that are not statements of historical or current facts, including but not limited to those relating to VSee Health's ability to improve healthcare access and provider efficiencies, are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause performance or achievements to be materially different from historical results or from any future performance or achievements expressed or implied by such forward-looking statements. Accordingly, readers should not place undue reliance on any forward-looking statements. More information on risk factors relating to VSee Health and its technology and billing services is included from time to time in the "Cautionary Note Regarding Forward-Looking Statements," "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of VSee Health's periodic and current filings with the SEC, which are also made available on VSee Health's website at www.vseehealth.com. Forward-looking statements speak only as of the date they are made, and VSee Health undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date, or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.

Contact:

Anne Chang
VSee Health
media@vsee.com

VSee Investor Contact:
Milton Chen
VSee Health
investor@vsee.com

SOURCE: VSee Health, Inc.

View the original press release on ACCESS Newswire

FAQ

What debt did VSee Health (VSEE) eliminate on October 23, 2025?

VSee Health said it eliminated over $5 million of legacy SPAC debt.

How does VSee Health's debt elimination affect NASDAQ listing status for VSEE?

Company management said the debt removal helps strengthen the balance sheet and enables compliance with NASDAQ listing requirements.

Did VSee Health (VSEE) report revenue figures with the October 23, 2025 announcement?

The company described its results as record-setting revenue growth but did not disclose a specific revenue figure in the announcement.

What impact did VSee Health say creditors had after the debt elimination?

The company said recent activity has bolstered creditor confidence, which it views as strengthening its financial foundation.

Who commented for VSee Health about the milestone on October 23, 2025?

Co-CEO Dr. Imo Aisiku commented, thanking shareholders and calling the move the start of an exciting chapter.