M&A - QT IMAGING HOLDINGS, INC.

Form Type: 8-K

Filing Date: 2025-06-12

Corporate Action: Acquisition

Type: Update

Accession Number: 000184450525000057

Filing Summary: QT Imaging Holdings, Inc. filed a Current Report on Form 8-K to report amendments to the warrants issued to Lynrock Lake Master Fund LP and YA II PN, Ltd. The amendments revise the treatment of warrants upon an Acquisition and provide for a cashless exercise option. In the event of a Cash/Public Acquisition where the Fair Market Value of one Share exceeds the Warrant Price, the warrants will automatically be deemed to be Cashless Exercised. The amendments also include specifics on converting Excess Exercise Shares into consideration as outlined in the documents. Lynrock Lake's warrants are effective until February 26, 2035, while Yorkville's are effective until February 26, 2030. The registration rights for Yorkville were also defined, allowing for a Demand Registration for their securities.