QT Imaging receives Nasdaq delisting notice; plans to appeal by Nov 13, 2024

QT IMAGING HOLDINGS, INC.

Nasdaq notified QT Imaging on Nov 6, 2024 of delisting proceedings due to failure to maintain $50M market value of listed securities.
Company had until Nov 4, 2024 to regain compliance under Rule 5450(b)(2)(A); it did not meet the requirement.
Appeal requested by Nov 13, 2024 will stay suspension pending Nasdaq Hearings Panel decision.
If appeal unsuccessful, stock expected to trade on OTC market, likely reducing liquidity and trading price.
Company paid $20,000 hearing fee for the appeal.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.