{"schema_version":"secwatch.filing_event.v1","accession":"0001844505-24-000057","form_type":"8-K","ticker":"QTI","cik":"0001844505","company_name":"QT IMAGING HOLDINGS, INC.","filed_at":"2024-09-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.860686+00:00","generated_at":"2026-05-31T05:00:14.985883+00:00","sec_items":["2.04"],"event_type":"debt","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"QT Imaging triggers accelerated payments under Yorkville note; first payment $1.52M","bullets":["Floor Price Trigger on Sep 11, 2024: daily VWAP below $0.8768 for five trading days.","Company obligated to make monthly payments of $1.5M principal +5% premium + accrued interest.","First payment made Sep 13, 2024: $1,521,581.46 after applying 50% of Yorkville's share sale proceeds.","Triggered Principal Amount reduction available by directing Yorkville to offset with up to 50% of net sale proceeds.","Monthly payment obligation ceases if Floor Price reduced to 50% of VWAP or VWAP >110% of Floor Price for 5 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001844505-24-000057","json":"https://secwatch.observer/filing/0001844505-24-000057.json","markdown":"https://secwatch.observer/filing/0001844505-24-000057.md","text":"https://secwatch.observer/filing/0001844505-24-000057.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1844505/000184450524000057/0001844505-24-000057-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1844505/000184450524000057/qti-20240911.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T05:00:14.985883+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}