QT Imaging delisted from Nasdaq, trades on OTCQB; raises $500K in insider PIPE

QT IMAGING HOLDINGS, INC.

Delisting proceedings initiated by Nasdaq; stock suspended Jan 28, 2025 and now trades OTCQB (QTIH).
PIPE of $500K gross from Chairman Dr. Avi Katz and CEO Dr. Raluca Dinu; 784,929 shares at $0.637/share.
Warrants to purchase 1,569,858 shares at $0.72/share, exercisable 6 months after closing, 10-year term.
Closing expected by April 24, 2025; net proceeds used solely for working capital; no banking fees.
Share price represents ~10% premium to VWAP on April 9, 2025.

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