Business Wire·May 18, 2026, 4:15 PM ET

QT Imaging Holdings Announces Closing of $10 Million Underwritten Public Offering

QT Imaging Holdings, Inc. (NASDAQ: QTI) closed an underwritten public offering of 2,000,000 shares of common stock (or pre-funded warrants in lieu thereof).
The offering generated approximately $10 million in gross proceeds & included both current & new investors.
The company intends to use net proceeds for working capital & general corporate purposes.
Ladenburg Thalmann & Co. Inc. served as sole book-running manager, while Northland Capital Markets acted as co-manager.
The securities were offered pursuant to a Form S-3 shelf registration statement declared effective by the SEC on April 3, 2026.
A final prospectus supplement was filed with the SEC & is available on its website or by contacting the prospectus department.
QT Imaging is a medical device company developing radiation-free imaging systems using low frequency sound waves for breast health.
The press release includes standard forward-looking statements & risk factors regarding product commercialization, financial performance, & internal controls.