Company: QTIWW
Filing Date: 2025-01-16
Form Type: S-1
Source: 0001628280-25-001723
Chunk: 409

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-01-16
Form: S-1
Chunk 409
---
 and a was a previous board member of the Company. In September 2023, an additional $ 100,000was paid towards the purchase. In June 2024, the Company cancelled this order and refunded the full deposit of $ 300,000to the related party. As of September 30, 2024 and December 31, 2023, the Company had a deferred revenue balance of zeroand $ 300,000, respectively, related to this order.

#### 16.

#### Subsequent Events
On October 31, 2024 , the Company and Yorkville executed the Second Omnibus Amendment (the “Second Amendment”), pursuant to which the maturity date of the Yorkville Note was extended from December 15, 2025 to March 31, 2026 . Further, the Second Amendment acknowledges the Company’s obligation to make monthly payments to Yorkville in the amount of the Trigger Principal Amount due to the occurrence of the Trigger Event and no further monthly payments will be owed during the period beginning on the date of the Second Amendment and ending on February 15, 2025 . In exchange for this relief, beginning on February 15, 2025 , and continuing on the same day of each successive calendar month until and including February 15, 2026 , whether or not a Trigger Event

<div align='center'>F-63</div>

#### QT IMAGING HOLDINGS, INC.

### Notes to Condensed Consolidated Financial Statements
<div align='center'>(Unaudited)</div>

has occurred and is continuing as of such dates, the Company will make monthly payments in an amount equal to $ 500,000 plus the Payment Premium plus accrued and unpaid interest as of each such payment date. Such monthly payments will not be reduced or offset by any amount, including, but not limited to, any net sales proceeds of the Company Shares or any value of the Company Shares based on the VWAP as quoted by Bloomberg, LP. Further, pursuant to the terms of the Second Amendment, the Company has elected to reduce the Floor Price to $ 0.50 per share, effective as of the date of the Second Amendment. The Second Amendment also provides that in the event that the Company’s common stock is delisted from trading on the Nasdaq Stock Market, Yorkville consents to the occurrence of such delisting from the Nasdaq Stock Market, if it is to happen, and that it will not constitute an Event of Default as defined per the Omnibus Amendment, provided that