secwatch.observer — SEC 8-K summary
======================================

Issuer:     QT IMAGING HOLDINGS, INC. (QTI)
CIK:        0001844505
Form:       8-K
Filed at:   2024-03-18T23:59:59+00:00
Accession:  0001193125-24-070218
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QT Imaging terminates CEO John Klock, appoints Raluca Dinu as Acting CEO and Stas Budagov as CFO
--------------------------------------------------------------------------------

- Dr. John C. Klock terminated as CEO effective March 12, 2024; remains on board as advisor.
- Dr. Raluca Dinu appointed Acting CEO for up to one year; base salary $470,000/yr, target bonus 65% of base, 550,000 shares equity.
- Anastas Budagov ratified as CFO; base salary $380,000/yr, sign-on bonus $63,333, 325,000 shares equity (one-third vest Feb 2025).
- Dinu is married to Chairman Dr. Avi Katz; both have prior public-company and M&A experience.
- Press release issued March 18, 2024, confirming appointments; no change to financial guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844505/000119312524070218/0001193125-24-070218-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844505/000119312524070218/d795424d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-070218

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer