Elite Health Systems Inc. Signs Material Definitive Agreement
Ticker: EHSI · Form: 8-K · Filed: Sep 29, 2025 · CIK: 1089815
| Field | Detail |
|---|---|
| Company | Elite Health Systems Inc. (EHSI) |
| Form Type | 8-K |
| Filed Date | Sep 29, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement
TL;DR
EHSI signed a big deal, details TBD.
AI Summary
Elite Health Systems Inc. entered into a Material Definitive Agreement on September 26, 2025. The filing does not disclose the specific nature or parties involved in this agreement, only that it is considered material.
Why It Matters
This filing indicates a significant new contract or partnership for Elite Health Systems Inc., which could impact its future operations and financial performance.
Risk Assessment
Risk Level: medium — The lack of specific details about the material definitive agreement introduces uncertainty regarding its terms and potential impact.
Key Players & Entities
- Elite Health Systems Inc. (company) — Registrant
- September 26, 2025 (date) — Date of earliest event reported
- September 29, 2025 (date) — Filing Date
FAQ
What is the nature of the Material Definitive Agreement entered into by Elite Health Systems Inc.?
The filing does not specify the nature of the Material Definitive Agreement, only that one was entered into on September 26, 2025.
Who are the other parties involved in this Material Definitive Agreement?
The filing does not disclose the names of the other parties to the Material Definitive Agreement.
What is the effective date of the Material Definitive Agreement?
The earliest event reported, which is the entry into the Material Definitive Agreement, occurred on September 26, 2025.
Has Elite Health Systems Inc. previously changed its name?
Yes, Elite Health Systems Inc. was formerly known as Elite Health Systems, Inc. (name change effective October 2, 2024), U.S. NeuroSurgical Holdings, Inc. (name change effective August 28, 2015), and US NEUROSURGICAL INC (name change effective June 30, 1999).
What is the principal executive office address for Elite Health Systems Inc.?
The principal executive offices are located at 1131 W 6th Street, Suite 225, Ontario, CA 91762.
Filing Stats: 531 words · 2 min read · ~2 pages · Grade level 11.4 · Accepted 2025-09-29 14:28:36
Filing Documents
- ehsi20250929_8k.htm (8-K) — 19KB
- 0001437749-25-029995.txt ( ) — 134KB
- ehsi-20250926.xsd (EX-101.SCH) — 3KB
- ehsi-20250926_def.xml (EX-101.DEF) — 10KB
- ehsi-20250926_lab.xml (EX-101.LAB) — 14KB
- ehsi-20250926_pre.xml (EX-101.PRE) — 10KB
- ehsi20250929_8k_htm.xml (XML) — 2KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. Entry into Share Exchange Agreement On September 26, 2025, Elite Health Systems Inc. (the "Company") entered into a Share Exchange Agreement ("Exchange Agreement") with Physician Support Systems, Inc. ("PSS") and Dr. Prasad Jeereddi, Dr. Praveena Jeereddi, and Chenjie Bao Reever, the stockholders of PSS (collectively, the "PSS Selling Stockholders") whereby the Company will acquire 100% of the outstanding capital stock of PSS from the PSS Selling Stockholders in exchange for 3,158,000 shares of the Company's common stock (the "PSS Transaction"). Dr. Prasad Jeereddi, the Company's Chief Executive Officer, owns 46% of PSS and Dr. Praveena Jeereddi, Dr. Prasad Jeereddi's daughter, owns 44% of PSS. The PSS Transaction is subject to and contingent on a number of factors including: (i) the approval of the Exchange Agreement by the Company stockholders ; (ii) the approval of the amendment to the Company's Certificate of Incorporation to increase the aggregate number of shares of common stock that are authorized and available for issuance by the Company; (iii) the satisfaction of certain closing conditions and deliverables, including the issuance of shares of the Company's common stock and secretary certificates. 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: September 29, 2025 Elite Health Systems Inc. By: /s/ Prasad Jeereddi Name: Prasad Jeereddi Title: Chairman and CEO 3