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VSee Health (Nasdaq:VSEE, VSEEW) announced it has regained compliance with Nasdaq Listing Rule 5550(b)(1) after its stockholders' equity rose to approximately $9.5 million pro forma as of December 1, 2025. The company attributes the increase to: full conversion of multiple convertible notes into common stock; cash exercise and exchange of certain public warrants; and a $6.0 million private placement (or pre-funded warrants) with accompanying warrants completed on November 25, 2025. A pro forma balance sheet was filed on Form 8-K/A on December 11, 2025. The company said the transactions reduced debt and derivative liabilities and provided additional working capital for its telehealth and digital health operations.
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