QT Imaging receives $5.0 million in new funding from Lynrock Lake

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QT Imaging Holdings (OTC:QTIH) has received $5.0 million in additional financing via a restated and amended senior secured term loan with Lynrock Lake Master Fund LP.
QT Imaging has used the net proceeds from the transaction to repurchase in full the warrants held by YA II PN as 15,000,000 shares of the company’s common stock at an exercise price of $0.40 per share.
Source: Press Release

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