Company: QTIWW
Filing Date: 2025-01-16
Form Type: S-1
Source: 0001628280-25-001723
Chunk: 436

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-01-16
Form: S-1
Chunk 436
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 Note), July 25, 2023 (an additional $ 65,000added to the Working Capital Note), October 27, 2023 (an additional $ 381,360added to the Working Capital Note) and December 13, 2023 (an additional $ 53,640added to the Working Capital Note), respectively, for a collective principal amount of $ 1,500,000. The Working Capital Note was issued to provide the Company with additional working capital during the Extension and was not deposited into the Trust Account. The Working Capital Note is convertible at the Sponsor’s election upon the consummation of the initial business combination. Upon such election, the convertible note will convert, at a price of $ 10.00per unit, into units identical to the Private Placement Units issued in connection with the Offering. An aggregate of 150,000Private Placement Units of the Company would be issued if the entire principal balance of the Working Capital Note is converted. Each Private Placement Unit consists of one

<div align='center'>F-80</div>

#### GIGCAPITAL5, INC.

#### Notes to Financial Statements
share of the Company’s common stock, par value $ 0.0001per share, and oneredeemable warrant.The warrants constituting a part of the Private Placement Units would be exercisable, subject to the terms and conditions of the warrant and during the exercise period as provided in the warrant agreement governing the warrants. The Company has relied upon Section 4(a)(2) of the Securities Act, in connection with the issuance and sale of the convertible promissory note, as it was issued to a sophisticated investor without a view to distribution and was not issued through any general solicitation or advertisement.

On December 13, 2023, the Company issued the First Non-Convertible Working Capital Note for a collective principal amount of $ 66,360(the “First Non-Convertible Working Capital Note”). The First Non-Convertible Working Capital Note was issued to provide the Company with additional working capital and will not be deposited into the Trust Account. On February 7, 2024, the Company amended and restated the First Non-Convertible Working Capital Note to reflect an additional principal amount of $ 195,887extended by the Sponsor to the Company for a collective principal amount under the Second Non-Convertible Working Capital Note of $ 262,247. The Second Non-Convertible Working Capital Note was issued to provide the Company with additional working capital and will not be deposited into