Company: VSA
Filing Date: 2025-11-13
Form Type: 424B5
Source: 0001213900-25-109735
Chunk: 103

Company: VisionSys AI Inc
Filing Date: 2025-11-13
Form: 424B5
Chunk 103
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| (2) | The amount of the offering proceeds to us presented in this table does not give effect to any exercise of the  Warrants being issued in this offering.                |
| (3) | We have agreed to pay all expenses relating to the placement, which includes up to $50,000 for reasonable legal fees and disbursements for Placement Agent’s counsel. |

After deducting fees due to the Placement Agent and our estimated offering
expenses, we expect the net proceeds from this offering to be approximately US$10.96 million.

Placement Agent Warrants

We are issuing to the Placement Agent 184,615
Placement Agent Warrants will are each exercisable to purchase one ADS. Each Placement Agent Warrant will have an initial exercise price
of $1.30 per ADS, will be exercisable upon issuance, and will expire five (5) years from the commencement of sales of the offering. The
Placement Agent Warrants are in substantially the same form as the Series A Warrants except the cashless exercise provision to which holders
of Placement Agent Warrants have the option to exercise for no additional cash consideration and receive an aggregate number of ADSs equal
to the product of (i) the aggregate number of Placement Agent Warrant ADSs that would be issuable upon exercise of the Placement Agent
Warrant if such exercise were by means of a cash exercise rather than a cashless exercise, multiplied by (ii) 2.0. The Placement Agent
Warrants and the underlying securities are being registered on the registration for which this prospectus forms a part.

Right of First Refusal

We have agreed to grant the Placement Agent for
the twelve month period following the closing of this offering, a right of first refusal to act as sole managing underwriter
and sole book runner, sole placement agent or sole sales agent, for any and all future public or private equity, equity-linked or debt
(excluding commercial bank debt) offerings for which the Company retains the service of an underwriter, agent, advisor, finder or other
person or entity in connection with such offering, subject to certain conditions and exceptions.

Tail Fee

We have also agreed to pay the Placement Agent a tail fee equal to
the cash and warrant compensation in this offering, if any investor, who was contacted or introduced to us by the Placement Agent in
connection with this offering or during the term of its engagement, provides us with capital in any public or private offering or other
financing or capital raising transaction during the twelve-month