GigCapital5 is a blank check company and has no operating history and no revenues. The Registration Statement on Form S-4 filed with the SEC on February 14, 2023 (as may be amended, “S-4 Registration Statement”) included unaudited pro forma condensed combined financial statements for the Combined Company. The unaudited pro forma condensed combined statement of operations of the Combined Company combines the historical unaudited results of operations of GigCapital5 for the nine months ended September 30, 2022, with the historical unaudited results of operations of QT Imaging for the nine months ended September 30, 2022, respectively, and the historical audited results of operations of GigCapital5 for the period from January 19, 2021 (date of inception) through December 31, 2021, with the historical audited results of operations of QT Imaging for the year ended December 31, 2021, respectively, and gives pro forma effect to the proposed Business Combination as if it had been consummated on January 1, 2021. The unaudited pro forma condensed combined balance sheet of the Combined Company combines the historical balance sheets of GigCapital5 as of September 30, 2022 and of QT Imaging as of September 30, 2022
Company profile
Ticker
QTI
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Medtronic • Varian Medical Systems • Conmed • Integer • Masimo • Natus Medical • LivaNova • BioPlus Acquisition • Outset Medical • Fonar ...
SEC CIK
Corporate docs
Subsidiaries
QTI MERGER SUB, INC. ...
IRS number
861728920
QTI stock data
Latest filings (excl ownership)
S-8
Registration of securities for employees
23 May 24
EFFECT
Notice of effectiveness
23 May 24
424B3
Prospectus supplement
22 May 24
S-1/A
IPO registration (amended)
17 May 24
S-1/A
IPO registration (amended)
16 May 24
8-K
Material Modifications to Rights of Security Holders
13 May 24
10-Q
2024 Q1
Quarterly report
10 May 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
10 May 24
8-K
QT Imaging Announces First Quarter 2024 Financial Results
10 May 24
S-1/A
IPO registration (amended)
24 Apr 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | |
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Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
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Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 5.64 mm | 5.64 mm | 5.64 mm | 5.64 mm | 5.64 mm | 5.64 mm |
Cash burn (monthly) | (no burn) | (no burn) | 1.86 mm | 914.49 k | 1.99 mm | 636.16 k |
Cash used (since last report) | n/a | n/a | 3.84 mm | 1.89 mm | 4.12 mm | 1.32 mm |
Cash remaining | n/a | n/a | 1.80 mm | 3.75 mm | 1.52 mm | 4.32 mm |
Runway (months of cash) | n/a | n/a | 1.0 | 4.1 | 0.8 | 6.8 |
Institutional ownership, Q2 2023
26.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 26 |
Opened positions | 10 |
Closed positions | 26 |
Increased positions | 4 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 26.70 bn |
Total shares | 5.62 mm |
Total puts | 0.00 |
Total calls | 100.00 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Space Summit Capital | 1.50 mm | $0.00 |
Radcliffe Capital Management | 544.43 k | $996.66 mm |
Kim | 475.00 k | $5.06 bn |
Mint Tower Capital Management B.V. | 400.00 k | $6.00 k |
Fir Tree Capital Management | 300.00 k | $3.20 bn |
Periscope Capital | 300.00 k | $3.20 bn |
Atlas Merchant Capital | 300.00 k | $3.20 bn |
CNH Partners | 286.10 k | $3.05 bn |
Centiva Capital | 280.03 k | $2.98 bn |
Alberta Investment Management | 250.00 k | $3.78 mm |
News
QT Imaging Holdings Names Dr. Raluca Dinu As Acting Chief Executive Officer And Anastas Budagov As Chief Financial Officer, Effective March 12, 2024
18 Mar 24
QT Imaging Holdings Breast Acoustic CT Scanner Used In Study for Early Identification Of Response Of Breast Cancer Patients To Neoadjuvant Chemotherapy
14 Mar 24
Press releases
QT Imaging's Breast Acoustic CT™ Scanner to be Offered at The Center for New Medicine to Advance Personalized Prevention and Detection of Breast Cancer
11 Apr 24
QT Imaging Holdings names Dr. Raluca Dinu as Acting Chief Executive Officer and Anastas Budagov as Chief Financial Officer
18 Mar 24
QT Imaging Holdings Announces New Ticker Symbol for OTC Warrants and Delisting of Units
15 Mar 24
QT Imaging's Breast Acoustic CT™ Scanner Used in Study for Early Identification of Response of Breast Cancer Patients to Neoadjuvant Chemotherapy
14 Mar 24
QT Imaging Pioneers Patient-Centric Breast Imaging Technology through Strategic Partnership
7 Mar 24