Company: VSA
Filing Date: 2025-11-13
Form Type: 424B5
Source: 0001213900-25-109735
Chunk: 1

Company: VisionSys AI Inc
Filing Date: 2025-11-13
Form: 424B5
Chunk 1
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 sale price of the ADSs on November 11, 2025 was US$1.30 per ADS. There is no established
public trading market for the Warrants, and we do not expect a market to develop. We do not intend to apply for listing of the Warrants
on any securities exchange or other nationally recognized trading system. Without an active trading market, the liquidity of the Warrants
will be limited.

We have retained Maxim Group LLC (the “Placement
Agent”) to act as our exclusive placement agent in connection with this offering. The Placement Agent is not purchasing or selling
any of the securities offered pursuant to this prospectus supplement and the accompanying prospectus and the Placement Agent is not required
to arrange the purchase or sale of any specific number of securities or dollar amount. Other than the Placement Agent Warrants, we will
pay the Placement Agent a cash fee of 6.0% of the gross proceeds raised in the offering. See “Plan of Distribution” beginning
on page S-57 of this prospectus supplement for more information regarding these arrangements.

The aggregate market value of our outstanding Class A ordinary
shares held by non-affiliates, or public float was approximately US$180.08 million, which was based on 11,226,750,300 Class A ordinary
shares held by non-affiliates and the per ADS price of US$4.01, which was the closing price of our ADSs on September 12, 2025.

Our ordinary shares consist of Class A ordinary
shares and Class B ordinary shares. Each Class A ordinary share is entitled to one vote, and each Class B ordinary share
is entitled to ten (10) votes on all matters subject to vote at general meetings of our company. Each Class B ordinary share is convertible
into one Class A ordinary share at any time at the option of the holder thereof, while Class A ordinary shares are not convertible
into Class B ordinary shares under any circumstances. Upon any sale, transfer, assignment or disposition of Class B ordinary
shares by a holder to any person or entity which is not an affiliate of such holder, each of such Class B ordinary shares shall be
automatically and immediately converted into one Class A ordinary share.

Investing in these securities involves risks. See the “ Risk Factors” on page S-8 of this prospectus supplement, and those included in the accompanying prospectus and the documents incorporated by reference herein and therein to read about factors you should consider before investing in these securities.

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