QT Imaging Holdings Announces Favorable Amendment of Convertible Promissory Note
QT Imaging Holdings, Inc. (QTI)
Company Research
Source: Business Wire
NOVATO, Calif.--(BUSINESS WIRE)--QT Imaging Holdings, Inc. (NASDAQ:QTI), a medical device company engaged in research, development, and commercialization of innovative body imaging systems, is pleased to announce an amendment to its $10,000,000 convertible promissory note with YA II PN, Ltd. (the “Investor,” and such promissory note, the “Note”).On September 11, 2024, a trigger event associated with the share price of the company occurred under the terms of the Note. As a result, the company made a payment of $1,500,000 on September 13, 2024, and could have been obligated to make subsequent similar monthly payments. On September 26, 2024, the company and the Investor entered into an amendment of the Note, whereby the parties agreed to amend certain terms of the Note to reduce the company’s monthly payment obligations resulting from the trigger event.The maturity date of the Note was extended approximately 6 months from June 4, 2025, to December 15, 2025. Additionally, the amendmen
Show less
Read more
Impact Snapshot
Event Time:
QTI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
QTI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
QTI alerts
High impacting QT Imaging Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
QTI
News
- QT Imaging Holdings to Attend Radiological Society of North America 2024 Annual Meeting [Yahoo! Finance]Yahoo! Finance
- QT Imaging Holdings to Attend Radiological Society of North America 2024 Annual MeetingBusiness Wire
- QT Imaging Announces Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- QT Imaging Announces Third Quarter 2024 Financial ResultsBusiness Wire
- QT Imaging Holdings Announces $1M Insiders PIPE InvestmentBusiness Wire
QTI
Sec Filings
- 11/22/24 - Form SC
- 11/15/24 - Form 424B3
- 11/14/24 - Form 4
- QTI's page on the SEC website