Company: QTIWW
Filing Date: 2025-01-31
Form Type: S-1/A
Source: 0001628280-25-003316
Chunk: 147

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-01-31
Form: S-1/A
Chunk 147
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 Combined Company Common Stock outstanding at Closing(18)                           |     |        | 21,437,216 |     |   | 100.0 | %  |

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(1) Amount is after giving effect to the redemption of 18,985,950 public shares in the September 2022 Partial Redemption, 995,049 public shares in the March 2023 Partial Redemption, 904,023 public shares in the September 2023 Partial Redemption, 2,385 public shares in the December 2023 Partial Redemption and 848,003 public shares in the March 2024 Partial Redemption. Of the 1,264,590 shares of Common Stock held by public stockholders of GigCapital5, 1,250,000 shares were not redeemable under the November 2023 Non-Redemption Agreements, resulting in only 14,590 shares of Common Stock not covered under non-redemption agreements.

(2) Amount excludes 23,000,000 outstanding Warrants and 795,000 Private Warrants which were a part of the Private Placement Units.

(3) GigAcquisitions5 held 5,735,000 Founder Shares, and an additional 795,000 shares of Common Stock that were a constituent security of the Private Placement Units. There are 10,000 shares of Common Stock in the aggregate held by an affiliate of ICR.

(4) GigAcquisitions5 held a total of $1,500,000 of GigCapital5 Working Capital Notes that were convertible, at GigAcquisitions5's election, at a price of $10.00 per unit, into units identical to the Private Placement Units issued in connection with GigCapital5’s IPO. GigAcquisitions5 converted at the Closing $943,640 of the $1,500,000 principal balance into 94,364 units, which were then separated into 94,364 shares of the Company’s Common Stock and 94,364 Working Capital Warrants. The 94,364 Working Capital Warrants are excluded from the table.

(5) Conversion into shares of the Company’s Common Stock of shares of QT Imaging Common Stock related to QT Imaging Converting Notes that were converted into 1,148,330 shares of QT Imaging Common Stock immediately prior to the Merger. At the Closing, the shares of QT Imaging Common Stock issued from the conversion of the QT Imaging Converting Notes were exchanged for 393,535 shares of the Company’s Common Stock.

(6) As of December 202