Company: QTIWW
Filing Date: 2025-10-01
Form Type: 8-K
Source: 0001628280-25-043297
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Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-10-01
Form: 8-K
Item: Item 1.01
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Item 1.01 Entry into a Material Definitive Agreement

On September 30, 2025, QT Imaging Holdings, Inc. (the “Company”) entered into a Securities Purchase Agreement, (the “Securities Purchase Agreement”), by and between the Company, on the one hand, and certain accredited investors and qualified institutional buyers, led by Sio Capital Management, LLC, on the other hand, (together, the “ Purchasers”) for a private placement (the “Private Placement”) of securities. At the closing of the Private Placement, the Company will issue (i) 6,696,715 shares (the “ Shares”) of the Company’s common stock, par value $0.0001 per share (the “ Common Stock”); (ii) Subscription Warrants (the “Subscription Warrants”) with a term of five years from the initial exercise date to purchase up to an additional 12,120,798 shares of Common Stock; and (iii) up to 5,424,083 pre‑funded warrants to purchase up to an additional 5,424,083 shares of Common Stock, exercisable any time after its issuance (the “Pre-Funded Warrant” and together with the Subscription Warrant, the “ Warrants”, and the Warrants together with the Shares, the “ Securities”) (all of such shares issuable upon exercise of the Warrants, the “ Warrant Shares”).

The purchase price of each Share is $1.50 (the “ Per Share Purchase Price”) and the purchase price for each Pre‑ Funded Warrant is $1.4999 (the “Per Pre-Funded Warrant Purchase Price”). Both of these amounts are to be paid by the Purchasers at the closing of the Private Placement (the “Closing”) which is expected to occur on October 3, 2025. The aggregate gross proceeds to the Company from the Private Placement will be approximately $18,180,654.59, before deducting the offering expenses payable by the Company, which expenses consist solely of legal fees and the amounts provided for pursuant to the Placement Agency Agreement as described below. The Company intends to use the net proceeds from the offering for working capital purposes. In addition, the per share exercise price of each Subscription Warrant is $1.50 and the per share exercise price of each Pre-Funded Warrant is $0.0001.

Securities Purchase Agreement

The Securities Purchase Agreement contains customary representations, warranties, and covenants of the Company