Press Release – New York, NY – October 23, 2025 – Sichenzia Ross Ference Carmel LLP announced that it represented QT Imaging Holdings, Inc. (OTCQB: QTIH), a medical device company engaged in research, development, and commercialization of innovative body imaging systems, in a securities purchase agreement for a private investment in public equity (“PIPE”) financing. The gross proceeds to the company were approximately $18 million, before deducting placement agent fees and offering expenses.
Ladenburg Thalmann & Co. Inc. acted as the exclusive placement agent for the transaction.
The Sichenzia Ross Ference Carmel LLP team was led by partners Gregory Sichenzia, Avital Perlman, and Barrett DiPaolo, with associate Karina Maas.