---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-098373"
form_type: "8-K"
ticker: "QTI"
cik: "0001844505"
company_name: "QT IMAGING HOLDINGS, INC."
filed_at: "2023-04-12T23:59:59+00:00"
generated_at: "2026-06-17T03:15:56.903993+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# GigCapital5 delisted by NYSE for $40M market cap shortfall; moving common stock to Nasdaq

## Summary
- NYSE began delisting proceedings April 6, 2023 after GigCapital5 missed the $40M average market cap standard for 30 days.
- No appeal; common stock listing to transfer to Nasdaq, expected to start trading on or about April 26, 2023 under symbol GIA.
- Units and warrants will trade on OTC Markets; only common stock (GIA) moves to Nasdaq.
- Delisting triggered by redemptions in March 2023; transfer supports planned merger with QT Imaging.

## SEC filing metadata
- accession: 0001193125-23-098373
- form_type: 8-K
- ticker: QTI
- cik: 0001844505
- company_name: QT IMAGING HOLDINGS, INC.
- filed_at: 2023-04-12T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844505/000119312523098373/0001193125-23-098373-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844505/000119312523098373/d459337d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-098373
- JSON: https://secwatch.observer/filing/0001193125-23-098373.json
- Plain text: https://secwatch.observer/filing/0001193125-23-098373.txt

## Key facts
- Listing & Compliance Notices
  QT IMAGING HOLDINGS, INC. received a nyse delisting notice notice regarding market value (rules 802.01B).
  - Exchange: nyse
  - Notice: delisting notice
  - Deficiency: market value
  - Rules: 802.01B
  source text: April 6, 2023, the New York Stock Exchange (the “ NYSE ”) announced that the staff of NYSE Regulation has determined to commence proceedings to delist the units, common stock and warrants of GigCapital5, Inc. (“GigCapital5”) from the NYSE pursuant to Section 802.01B of the NYSE’s Listed Company Manual. Following redemptions that occurred in March 2023, GigCapital5 had fallen below the NYSE’s continued listing standard requiring a listed acquisition company to maintain an average aggregate global market capitalization attributable to its publicly-held shares over a consecutive 30 trading day pe
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844505/000119312523098373/0001193125-23-098373-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.