SurvivorHealthcare
What Happened to QT Imaging Holdings?
Ticker: QTISPAC Year: 2021
Return
-33.9%
Current Price
$6.61
Peak Price
$216
Trust Size
$12M
Summary
QT Imaging Holdings develops advanced medical imaging systems using transmission ultrasound technology for breast cancer screening and other applications.
What Happened
QT Imaging went public through a SPAC merger. The company's QT Scanner uses sound waves transmitted through tissue (rather than reflected) to create detailed 3D breast images without radiation or compression. The technology shows promise as an alternative to mammography but the company remains in the early commercialization stage.
Timeline
2021-08-23
S-1 Registration Filed
Risk Indicators
⚠️ Reverse Split⚖️ Class Action Lawsuit