secwatch.observer — SEC 8-K summary
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Issuer:     QT IMAGING HOLDINGS, INC. (QTI)
CIK:        0001844505
Form:       8-K
Filed at:   2025-08-28T23:59:59+00:00
Accession:  0001844505-25-000111
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 5.02, 8.01, 9.01, 10.1
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844505/000184450525000111/0001844505-25-000111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844505/000184450525000111/qti-20250822.htm
  HTML page:      https://secwatch.observer/filing/0001844505-25-000111

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer