Company: QTIWW
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001844505-25-000053
Chunk: 100

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-05-13
Form: 10-Q
Item: Part II, Item 1A
Chunk 100
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30th calendar day following the date of the Recanati Registration Rights Agreement, and have the registration statement declared effective by the SEC as promptly as practicable after the filing thereof, but in any event no later than the 60th calendar day following the date of the Recanati Registration Rights Agreement, or in the event of a “full review” by the SEC, the 90th day following the date of the Recanati Registration Rights Agreement.

Upon the occurrence of any Event (as defined in the Recanati Registration Rights Agreement), which, among others, prohibits the Purchaser from reselling the Securities for more than ten consecutive calendar days or more than an aggregate of twenty calendar days during any twelve-month period, the Company is obligated to pay to the Purchaser, on each monthly anniversary of each such Event, an amount in cash, as partial liquidated damages and not as a penalty, equal to the product of 0.5% multiplied by the aggregate subscription amount paid by the Purchaser pursuant to the Recanati Securities Purchase Agreement.

All fees and expenses incident to the performance of or compliance with the Recanati Registration Rights Agreement by the Company will be borne by the Company, whether or not any Shares or Recanati Warrant Shares are sold pursuant to a registration statement.

The foregoing summary of the Recanati Registration Rights Agreement is qualified in its entirety by reference to the form of Recanati Registration Rights Agreement, a copy of which is filed with this Quarterly Report as Exhibit 10.11, and the terms of which are incorporated in this Quarterly Report by reference.

Item 3. Defaults Upon Senior Securities

Not Applicable.

46

Item 4. Mine Safety Disclosures

Not Applicable.

Item 5. Other Information

None.

47

Item 6. Exhibits

Exhibit No.Description3.1*Second Amended and Restated Certificate of Incorporation of QT Imaging Holdings, Inc. (incorporated by reference to Exhibit 3.1 to Current Report on Form 8-K filed with the SEC on March 8, 2024)3.2*Amended and Restated Bylaws of QT Imaging Holdings, Inc. (incorporated by reference to Exhibit 3.2 to Current Report on Form 8-K filed with the SEC on March 8, 2024).4.1*Warrant Agreement between Continental Stock Transfer & Trust Company and the Company (incorporated by reference to Exhibit 4.1 to GigCapital5’s Current