secwatch.observer — SEC 8-K summary
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Issuer:     QT IMAGING HOLDINGS, INC. (QTI)
CIK:        0001844505
Form:       8-K/A
Filed at:   2025-09-02T23:59:59+00:00
Accession:  0001844505-25-000121
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01, 10.1
LLM model:  deepseek-v4-flash:cloud@v2

QT Imaging CFO resigns; separation includes $150K payment and consulting with capped fees
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- CFO Anastas Budagov resigned effective Aug 29, 2025; receives $150K lump sum in lieu of severance.
- Consulting agreement from Aug 29 to Nov 15, 2025, at $180/hr, capped at $20K total, max 10 hrs/week.
- Outstanding option grants (325K shares from 2024, 50K from 2025) continue vesting during consulting period.
- Separation agreement includes broad release of claims; no severance under prior employment agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844505/000184450525000121/0001844505-25-000121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844505/000184450525000121/qti-20250829.htm
  HTML page:      https://secwatch.observer/filing/0001844505-25-000121

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