Company: QTIWW
Filing Date: 2025-12-29
Form Type: S-1/A
Source: 0001628280-25-058960
Chunk: 338

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-12-29
Form: S-1/A
Chunk 338
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 the year ended December 31, 2024.

Pursuant to an amendment dated December 13, 2023 , between QT Imaging and Exit Strategy Partners, LLC (“Adviso r”), the Company agreed to pay for Advisor’s services in exchange for that number of shares that converted into 83,334shar es of the Company’s common stock and a total cash amount of $ 225,000, of which $ 125,000was paid on the closing of the Business Combination on March 4, 2024 and the remaining $ 100,000is due on the first anniversary of the closing of the Business Combination, which is recorded in accrued expenses and other current liabilities within the consolidated balance sheet as of December 31, 2024. The total cash consideration and issuance of shares related to this amendment resulted in a transaction expense of $ 1,107,500recorded as selling, general and administrative expense within the consolidated statement of operations and comprehensive loss during the year ended December 31, 2024.

On March 4, 2024 , as consideration for the December 2023 Non-Redemption with certain GigCapital5 stockholders (“Non-Redeeming Stockholders”), QT Imaging issued that number of shares that converted into 142,492s hares of the Company’s common stock to the Non-Redeeming Stockholders. The issuance of these shares resulted in a transaction expense of $ 1,508,994 recorded as selling, general and administrative expense within the consolidated statement of operations and comprehensive loss during the year ended December 31, 2024.

<div align='center'>F-21</div>

#### QT IMAGING HOLDINGS, INC.

### Notes to Consolidated Financial Statements
On March 4, 2024 , the Company issued to subscribers to the Stock Subscription Agreements entered into in November 2023 equal to that number of shares that resulted in such parties as stockholders of QT Imaging receiving pursuant to the Business Combination Agreem ent 50,000 shares of the Company's common stock. The issuance of these shares resulted in a transaction expense of $ 529,500 recorded as selling, general and administrative expense within the consolidated statement of operations and comprehensive loss during the year ended December 31, 2024.

Merger Earnout Consideration Shares

Pursuant to the Second Amendment to Business Combination Agreement dated September 21, 2023, the Company is obliged to issue a maximum of 3,000,000shares of Company