K Health, Inc. announced that it will issue 4,372,813 series S-1 preferred shares at issue price of $5.6028 per share for the gross proceeds $24,499,996.6764 in funding on July 1, 2019. The shares are convertible and non-redeemable. The shares will be convertible in common shares at a fixed conversion price of $5.6028 per share. The company will issue securities pursuant to exemption provided under Regulation D. The company intends to continue the transaction for more than one year.