other material
confidence high
sentiment neutral
materiality 0.60
QT Imaging enters exclusive U.S. distribution deal with Canon subsidiary NXC Imaging
QT IMAGING HOLDINGS, INC.
- NXC appointed exclusive reseller for QT Imaging equipment in U.S. and territories, replacing prior Sales Agent Agreement.
- Pricing caps NXC markup at 20% over seller price; payment terms: 50% on order, 50% on shipment, due in 15 days.
- Term runs until Dec 31, 2025; NXC inventory limited to 4 units held no more than 6 months.
- Warranty: 6 months (independent clinics), 12 months (hospitals) from installation; Seller retains security interest.
- QT Imaging may still sell directly; no minimum purchase obligation for NXC.