Material Agreement - Form 8-K

Item 1.01 Entry into a Material Definitive Agreement

Third Amended and Restated Business Combination Agreement

As previously disclosed in its Current Report on Form 8-Ks filed with the Securities and Exchange Commission (the "SEC") on November 22, 2023 and on February 13, 2024, Digital Health Acquisition Corp. ("DHAC" or the "Company"), DHAC Merger Sub I, Inc., a Delaware corporation and a wholly owned subsidiary of DHAC ("Merger Sub I"), DHAC Merger Sub II, Inc., a Texas corporation and a wholly owned subsidiary of DHAC ("Merger Sub II" and together with Merger Sub I, the "Merger Subs"), VSee Lab, Inc., a Delaware corporation ("VSee"), and iDoc Virtual Telehealth Solutions, Inc., a Texas corporation ("iDoc" and together with DHAC, Merger Sub I, Merger Sub II, VSee and iDoc, the "Parties"), entered into a Third Amended and Restated Business Combination Agreement on November 21, 2023, which was amended by the First Amendment (the "First Amendment") on February 13, 2024 (as amended, the "Business Combination Agreement").

On April 17, 2024, the Parties entered into a Second Amendment (the "Second Amendment") to the Business Combination Agreement, pursuant to which the termination date in the Business Combination Agreement was amended from March 31, 2024 to June 30, 2024.

The foregoing description of the Second Amendment does not purport to be complete and is qualified in its entirety by the terms and conditions of the Second Amendment filed as Exhibit 2.1 hereto and incorporated by reference herein.

Letter Agreement to Bridge Notes

As previously disclosed in the Company's Current Report on Form 8-K filed with the SEC on October 7, 2022, in a private placement transaction on October 5, 2022, the Company, VSee and iDoc entered into a securities purchase agreement (as amended on November 21, 2023) (the "Bridge SPA") with an institutional and accredited investor (the "Bridge Investor"). Pursuant to the Bridge SPA, the Company issued to the Bridge Investor a senior secured convertible promissory note having a principal amount equal to $111,111.33 on November 21, 2023 and a senior secured convertible promissory note having a principal amount equal to $55,555.67 on January 25, 2024 (collectively, the "Bridge Notes").

On April 17, 2024, the Company, VSee, and iDoc entered into a letter agreement with the Bridge Investor (the "Bridge Letter Agreement"), which amended the date with respect to the termination or closing of the business combination referenced in the Bridge Notes from March 31, 2024 to June 30, 2024.

The foregoing description of the Bridge Letter Agreement does not purport to be complete and is qualified in its entirety by the terms and conditions of the Bridge Letter Agreement filed as Exhibit 10.1 and incorporated by reference herein.

Letter Agreement to Certain May 2023 Note

As previously disclosed in the Company's Current Report on Form 8-K filed with the SEC on May 8, 2023, in a private placement transaction on May 5, 2023, the Company and an institutional and accredited investor entered into a securities purchase agreement (the "Extension Purchase Agreement"). Pursuant to the Extension Purchase Agreement, the Company issued to the investor a promissory note in the principal amount of $300,000 on May 5, 2023 (the "Extension Note"), which will mature on May 5, 2024.

On April 17, 2024, the Company and the investor entered into a letter agreement (the "Extension Letter Agreement"), which amended the maturity date of the Extension Note to June 30, 2024 and clarified certain definitions and transaction terms in both the Extension Purchase Agreement and the Extension Note.

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