Company: QTIWW
Filing Date: 2025-11-03
Form Type: S-1
Source: 0001628280-25-048373
Chunk: 4

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-11-03
Form: S-1
Chunk 4
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 other offering expenses payable by the Company. See the section entitled “ Private Placement of Shares of Common Stock and Warrants .”

On May 12, 2025, the Company completed a private placement (the “ Second Private Placement ”), pursuant to the terms and conditions of the Securities Purchase Agreement, dated May 12, 2025 (the “ Second Securities Purchase Agreement ”), by and between the company and Leon Recanati (the “ Second Purchaser ”), pursuant to which the Second Purchaser purchased and the Company issued using amounts from prior to the implementation of the Reverse Stock Split (i) 205,339 Common Shares (and following the Reverse Stock Split, 68,447 Common Shares) and (ii) a Common Stock Purchase Warrant (the “ Recanati Warrant ”) with a term of five years from the initial exercise date to purchase up to an additional 205,339 shares of Common Stock, which since the Effective Time, the number of shares to be issued upon exercise of the Recanati Warrant has been adjusted to 68,447. Pursuant to the Second Securities Purchase Agreement, the Company entered into a Registration Rights Agreement with the Second Purchaser, dated May 12, 2025 (the “ Second Registration Rights Agreement ”). The aggregate gross proceeds to the Company from the Second Private Placement were approximately $200,000, before deducting the placement agent fees and other offering expenses payable by the Company. See the section entitled “ Private Placement of Shares of Common Stock and Warrants .”

On October 3, 2025, the Company completed a private placement (the “ Third Private Placement ”), pursuant to the terms and conditions of the Securities Purchase Agreement, dated September 30, 2025 (the “ Third Securities Purchase Agreement ”), by and between the Company and certain accredited investors and qualified institutional buyers, led by Sio Capital Management, LLC, (the “ Third Purchasers ”, and together with the First Purchasers and Second Purchaser, the “ Purchasers ”), pursuant to which the Third Purchasers purchased in the aggregate and the Company issued using amounts from prior to the implementation of the Reverse Stock Split (i) 6,696,715 Common Shares (and following the Reverse Stock Split, 2,232,243 Common Shares), (ii) Subscription Warrants (the “ Subscription Warrants ”, and together the Lynrock Lake Warrant and the Recanati Warrant, the “ Five Year Common Warrants ”) with a term of five