Company: QTIWW
Filing Date: 2025-01-31
Form Type: S-1/A
Source: 0001628280-25-003316
Chunk: 417

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-01-31
Form: S-1/A
Chunk 417
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### Notes to Condensed Consolidated Financial Statements
<div align='center'>(Unaudited)</div>

Common stock reserved for future issuance as of September 30, 2024 is as follows:

| Common stock warrants                             |     | 23,889,364 |
| Potential shares from Pre-Paid Advance            |     | 10,126,981 |
| Merger earnout consideration shares               |     |  9,000,000 |
| Options outstanding under the 2024 Incentive Plan |     |  2,072,000 |
| Options available under the 2024 Incentive Plan   |     |    286,093 |
| Potential shares from Cable Car Loan              |     |    750,000 |
| Potential shares from convertible notes           |     |    250,224 |
|                                                   |     | 46,374,662 |

Preferred Stock

The Company is authorized to issue 10,000,000shares of preferred stock, with a par value of $ 0.0001, with such designations, voting and other rights and preferences as may be determined from time to time by the Board of Directors. As of September 30, 2024 and December 31, 2023, there were noshares of preferred stock issued and outstanding. The Board has the authority to issue shares of preferred stock from time to time on terms it may determine, to divide shares of preferred stock into one or more series and to fix the designations, preferences, privileges, and restrictions of preferred stock, including dividend rights, conversion rights, voting rights, terms of redemption, liquidation preference, sinking fund terms, and the number of shares constituting any series or the designation of any series to the fullest extent permitted by the Delaware General Corporation Law. The issuance of preferred stock could have the effect of decreasing the trading price of common stock, restricting dividends on the capital stock of the Company, diluting the voting power of the common stock, impairing the liquidation rights of the capital stock of the Company, or delaying or preventing a change in control of the Company.

QT Imaging Private Placement Warrants

In November 2022, the Company initiated an offering to sell to a select group of accredited investors only, on a private placement basis, 342,703units for a purchase price of $ 11.67per unit (the “Units”), each Unit consisting of one share of common stock and one warrant to purchase oneshare of common stock (