Company: QTIWW
Filing Date: 2025-01-16
Form Type: S-1
Source: 0001628280-25-001723
Chunk: 336

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-01-16
Form: S-1
Chunk 336
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 10,000,000shares of preferred stock, with a par value of $ 0.001, with such designations, voting and other rights and preferences as may be determined from time to time by the Board of Directors. As of December 31, 2023 and 2022, there were noshares of preferred stock issued and outstanding.

Private Placement

In November 2022, the Company initiated an offering to sell to a select group of accredited investors only, on a private placement basis, 1,000,000 units for a purchase price of $4.00 per unit (the “Units”), each Unit consisting of one share of common stock and one warrant to purchase one share of common stock with an exercise price of $4.00 (the “2022 Offering”).As of December 31, 2023, the Company has issued 490,000Units for net proceeds of $ 1,932,850, which 261,250Units were issued in 2023 for total net proceeds of $ 1,026,550and 228,750Units were issued in 2022 for net proceeds of $ 906,300in 2022.

Warrants for Common Stock

In addition to the warrants sold as part of the Units in the 2022 Offering, the Company also issued warrants to consultants and to placement agents in association with debt issuances and past private offerings. At the option of the warrant holders, the warrants can be fully settled in shares of common stock, or converted via net share settlement, in which the warrant holder will receive shares equal to the number of shares purchasable under the warrants multiplied by the difference between the fair market value of the shares and the exercise price, divided by the fair market value of the shares.

<div align='center'>F-19</div>

#### QT IMAGING, INC.

### NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
<div align='center'>For the years ended December 31, 2023 and 2022</div>

The following table represents the warrant activity as follows:

|                                |     | Number of Warrants |     |           |
| Outstanding, January 1, 2022   |     |                    |     |   624,508 |
| Granted                        |     |                    |     |   280,962 |
| Outstanding, December 31, 2022 |     |                    |     |   905,470 |
| Granted                        |     |                    |