---
schema_version: "secwatch.filing_event.v1"
accession: "0001844505-25-000111"
form_type: "8-K"
ticker: "QTI"
cik: "0001844505"
company_name: "QT IMAGING HOLDINGS, INC."
filed_at: "2025-08-28T23:59:59+00:00"
generated_at: "2026-05-17T09:31:33.213073+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# QT Imaging repurchases Yorkville warrants for $5M, appoints new CFO Jay Jennings

## Summary
- Repurchased 15M-share Yorkville warrant for $5M; funded by new $5M Lynrock Lake loan, raising total debt to $15.1M.
- CFO Anastas Budagov resigns effective Aug 29, 2025; receives $150K payment in lieu of severance.
- Jay Jennings appointed CFO effective Sep 2; base salary $400K, bonus target 45%, and 325K share equity grant.
- Jennings is CPA with experience at UpHealth (CEO/CFO), eHealth, MetaCreations; previously EY audit manager.

## SEC filing metadata
- accession: 0001844505-25-000111
- form_type: 8-K
- ticker: QTI
- cik: 0001844505
- company_name: QT IMAGING HOLDINGS, INC.
- filed_at: 2025-08-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01, 10.1
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844505/000184450525000111/0001844505-25-000111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844505/000184450525000111/qti-20250822.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001844505-25-000111
- JSON: https://secwatch.observer/filing/0001844505-25-000111.json
- Plain text: https://secwatch.observer/filing/0001844505-25-000111.txt

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