Company: QTIWW
Filing Date: 2025-01-31
Form Type: S-1/A
Source: 0001628280-25-003316
Chunk: 435

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-01-31
Form: S-1/A
Chunk 435
---
              |
| Cash paid for income taxes                                                  |     | $ |      427,977 |     | $ |      400,377 |
| SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES                    |     |   |              |     |   |              |
| Change in value of common stock subject to possible redemption              |     | $ |    1,893,733 |     | $ |    1,440,963 |
| Excise tax liability accrued for stock redemptions                          |     | $ |      202,341 |     | $ |            — |
| Waiver of deferred underwriting fees                                        |     | $ |    6,440,000 |     | $ |            — |
| Debt discount on note payable to related party                              |     | $ |      245,253 |     | $ |       54,034 |

<div align='center'>F-69</div>

#### GIGCAPITAL5, INC.

#### Notes to Financial Statements
1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS

Organization and General

GigCapital5, Inc. (the “Company”) was incorporated in Delaware on January 19, 2021. The Company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”). The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act of 1933, as amended (the “Securities Act”), as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”).

As of December 31, 2023, the Company had not commenced any operations. All activity for the period from January 19, 2021 (date of inception) through December 31, 2023 relates to the Company’s formation and the initial public offering (the “Offering”), as described in Note 4, and identifying a target Business Combination, as described below. The Company will not generate any operating revenues until after completion of its initial Business Combination, at the earliest. The Company generates non-operating income in the form of interest income on cash and cash equivalents from the proceeds derived from the Offering. The Company has selected December 31 as its fiscal year end.

On September 23, 2021, the registration statement on Form S-1 (