Company: QTIWW
Filing Date: 2025-01-31
Form Type: S-1/A
Source: 0001628280-25-003316
Chunk: 448

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-01-31
Form: S-1/A
Chunk 448
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| Denominator: Weighted-average common shares subject to redemption                                  |     |   |              |           |     |   |              |            |
| Basic and diluted weighted-average shares outstanding, common stock subject to possible redemption |     |   |              | 3,020,634 |     |   |              | 17,954,419 |
| Basic and diluted net income per share, common stock subject to possible redemption                |     | $ |         0.37 |           |     | $ |         0.06 |            |
| Non-Redeemable common stock                                                                        |     |   |              |           |     |   |              |            |
| Numerator: Net loss minus net earnings - Basic and diluted                                         |     |   |              |           |     |   |              |            |
| Net loss                                                                                           |     | $ |   -4,024,591 |           |     | $ |   -2,774,307 |            |
| Less: net income attributable to common stock subject to redemption                                |     |   |   -1,107,741 |           |     |   |   -1,143,783 |            |
| Net loss attributable to non-redeemable common stock                                               |     | $ |   -5,132,332 |           |     | $ |   -3,918,090 |            |
| Denominator: Weighted-average non-redeemable common shares                                         |     |   |              |           |     |   |              |            |
| Weighted-average non-redeemable common shares outstanding, basic and diluted                       |     |   |              | 6,540,000 |     |   |              |  6,540,000 |
| Net loss per share, non-redeemable common stock, basic and diluted                                 |     | $ |        -0.78 |           |     | $ |        -0.60 |            |

Cash and Cash Equivalents

The Company considers all short-term investments with a maturity of three months or less when purchased to be cash equivalents. The Company maintains cash balances that at times may be uninsured or in deposit accounts that exceed Federal Deposit Insurance Corporation limits. The Company maintains its cash deposits with major financial institutions. There were nocash equivalents as of December 31, 2023 and 2022.

Cash and Marketable Securities Held in Trust Account

As of December 31, 2023, the