Company: QTIWW
Filing Date: 2025-03-03
Form Type: 424B3
Source: 0001844505-25-000032
Chunk: 6

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-03-03
Form: 424B3
Chunk 6
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 registration rights agreement with Lynrock Lake, which shall contain customary terms for the registration of the shares of Common Stock to be issued upon exercise of the Lynrock Lake Warrant.

A copy of the Lynrock Lake Warrant is filed as Exhibit 4.1 to this Current Report on Form 8-K and is incorporated herein by reference. The foregoing description of the Lynrock Lake Warrant does not purport to be complete and is qualified in its entirety by reference to such exhibit.

Extinguishment of Yorkville Note and Issuance of Warrant

As previously disclosed by the Company in a Current Report on Form 8-K filed on November 22, 2023 with the Securities and Exchange Commission (the “ SEC ”), on November 16, 2023, the Company entered into a Standby Equity Purchase Agreement (the “ SEPA ”) with YA II PN, Ltd., a Cayman Islands exempt limited partnership (“ Yorkville ”), pursuant to which Yorkville agreed, subject to the conditions therein, to purchase from the Company shares of its Common Stock for a value of up to $50,000,000 of which $10,000,000 was to be advanced by the Investor as evidenced by a promissory note (such advance, the “ Pre-Paid Advance ”). Furthermore, as previously disclosed by the Company in a Current Report on Form 8-K filed on March 5, 2024 with the SEC, the Company, as consideration for the Pre‑Paid Advance, on March 4, 2024 issued to Yorkville a promissory note (the “ Yorkville Note ”, and together with the SEPA, the “ Yorkville Financing Documents ”). The parties subsequently amended the Yorkville Financing Documents pursuant to that certain First

Amendment to the Yorkville Financing Documents, dated September 26, 2024 (the “ First Amendment ”), that certain Second Amendment, dated October 31, 2024 to the Yorkville Financing Documents (the “ Second Amendment ”), and that certain Third Amendment, dated January 9, 2025 (the “ Third Amendment ”), as previously disclosed in respective Current Reports on Form 8-K filed with the SEC on September 30, 2024, October 31, 2024, and January 10, 2025.

On February 26, 2025, the Company used a portion of the proceeds of the Lynrock Lake Term Loan to pay Yorkville an amount equal to $3,000,000