---
schema_version: "secwatch.filing_event.v1"
accession: "0001844505-25-000028"
form_type: "8-K"
ticker: "QTI"
cik: "0001844505"
company_name: "QT IMAGING HOLDINGS, INC."
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-26T00:02:57.825131+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# QTI secures $10.1M Lynrock Lake loan, retires Yorkville note, issues 61M warrants

## Summary
- New $10.1M senior secured term loan from Lynrock Lake at 10% interest, matures March 2027.
- Used $3M cash + 15M shares warrant ($0.40 exercise) to retire Yorkville note and terminate SEPA; repaid Cable Car Note ~$1.625M.
- Net proceeds ~$5.5M for working capital to fulfill 100-scanner order under NXC distribution agreement generating $45M revenue over 2 years.
- Issued Lynrock Lake warrant for 61M shares at $0.40 exercise price, exercisable to Feb 2035.
- Extended maturity of Klock ($3.35M combined) and Stanley ($0.5M) promissory notes to Oct 2027.

## SEC filing metadata
- accession: 0001844505-25-000028
- form_type: 8-K
- ticker: QTI
- cik: 0001844505
- company_name: QT IMAGING HOLDINGS, INC.
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844505/000184450525000028/0001844505-25-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844505/000184450525000028/qti-20250226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001844505-25-000028
- JSON: https://secwatch.observer/filing/0001844505-25-000028.json
- Plain text: https://secwatch.observer/filing/0001844505-25-000028.txt

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