QT Imaging Holdings posts pro forma impact of $18.2M financing
QT Imaging Holdings, Inc. reported that it has prepared and furnished unaudited pro forma condensed consolidated statements of operations and comprehensive loss for each quarter from December 31, 2024 through September 30, 2025.
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Rhea-AI Filing Summary
QT Imaging Holdings, Inc. reported that it has prepared and furnished unaudited pro forma condensed consolidated statements of operations and comprehensive loss for each quarter from December 31, 2024 through September 30, 2025. These pro forma statements show how results would look if certain 2025 financing and debt transactions had been in place starting January 1, 2024.
The pro forma information reflects a September 30, 2025 private placement of securities that closed on October 3, 2025, providing aggregate gross proceeds of about $18,180,655 before offering expenses. It also incorporates the October 6, 2025 repayment to Lynrock Lake Master Fund LP of $5.0 million of long-term debt, plus $360,477 of accrued interest and a Tranche B 2025 premium under an amended credit agreement.
In addition, the pro forma figures remove expenses and losses tied to extinguishment or modification of prior debt repaid in February 2025 and the issuance of the Lynrock Lake term loan, as well as certain non-cash items such as interest expense and changes in the fair value of warrant, derivative, and earnout liabilities.
8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did QT Imaging Holdings (QTIH) disclose in this 8-K filing?
What private placement is reflected in QTIH’s new pro forma financial information?
How does the Lynrock Lake debt repayment affect QTIH’s pro forma results?
Which expenses are adjusted or removed in QT Imaging Holdings’ pro forma statements?
Which specific pro forma financial statements did QTIH file as exhibits?
Why did QT Imaging Holdings prepare these pro forma financial statements?
AI-generated analysis. How Rhea-AI works. Not financial advice.