---
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"
generated_at: "2026-05-31T05:00:14.985883+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# QT Imaging triggers accelerated payments under Yorkville note; first payment $1.52M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.04
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001844505-24-000057
- JSON: https://secwatch.observer/filing/0001844505-24-000057.json
- Plain text: https://secwatch.observer/filing/0001844505-24-000057.txt

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