{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-302292","form_type":"8-K","ticker":"QTI","cik":"0001844505","company_name":"QT IMAGING HOLDINGS, INC.","filed_at":"2022-12-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.682179+00:00","generated_at":"2026-06-21T06:22:12.832598+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"GigCapital5 (GIA) signs $151M merger agreement with QT Imaging; earnout up to 9M shares","bullets":["Business Combination Agreement signed Dec 8, 2022; QT Imaging to merge into a subsidiary and become wholly owned.","Base consideration $151M, adjusted for cash, debt, expenses; per-share value tied to $10.00 reference price.","Up to 9M earnout shares tied to FDA clearance, revenue milestones ($4.4M, $17.1M, $67M), and $15 stock price trigger.","Post-closing board: 7 directors (3 from GigCapital5, 4 from QT Imaging); classified structure with chairman from GigCapital5.","Combined company will be renamed QT Imaging Holdings, Inc.; shares to be listed on NYSE or Nasdaq."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-302292","json":"https://secwatch.observer/filing/0001193125-22-302292.json","markdown":"https://secwatch.observer/filing/0001193125-22-302292.md","text":"https://secwatch.observer/filing/0001193125-22-302292.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1844505/000119312522302292/0001193125-22-302292-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1844505/000119312522302292/d376793d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T06:22:12.832598+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"29cdf122d38d4f18f824b455e309ed51c892cace","claim":"QT IMAGING HOLDINGS, INC. entered into Business Combination Agreement with GigCapital5, Inc., QTI Merger Sub, Inc., and QT Imaging, Inc. (effective 2022-12-08).","evidence_excerpt":"On December 12, 2022, GigCapital5, Inc., a Delaware corporation (“ GigCapital5 ”), announced that it executed a Business Combination Agreement (the “ Business Combination Agreement ”), dated as of December 8, 2022, with QTI Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of GigCapital5 (“ Merger Sub ”), and QT Imaging, Inc., a Delaware corporation (“ QT Imaging ”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1844505/000119312522302292/0001193125-22-302292-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"GigCapital5, Inc., QTI Merger Sub, Inc., and QT Imaging, Inc."},{"label":"Effective","value":"2022-12-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}