QT IMAGING HOLDINGS, INC. 10-K Cybersecurity GRC - 2024-03-22

Page last updated on April 11, 2024

QT IMAGING HOLDINGS, INC. reported their cybersecurity risk management and governance process in a yearly 10-K filed on 2024-03-22 21:49:01 EDT.

Filings

10-K filed on 2024-03-22

QT IMAGING HOLDINGS, INC. filed an 10-K at 2024-03-22 21:49:01 EDT
Accession Number: 0001193125-24-075608

Note: filing items unformatted. Drop us a note with the above URL to help us prioritize formatting it!

Item 1C. Cybersecurity.

Item 1C. Cybersecurity. In 2023, we were a SPAC with no business operations. Since our IPO, our sole business activity has been identifying and evaluating suitable acquisition transaction candidates. We identified an acquisition transaction candidate in the Fall of 2022, entered into a Business Combination Agreement in December 2022, and consummated the Business Combination on March 4, 2024. Prior to the consummation of the Business Combination, we did not consider that we faced significant cybersecurity risk and did not adopt any formal processes for assessing cybersecurity risk, however, we did maintain certain cybersecurity risk procedures, including utilization of two-factor authentication for accessing the Company s servers which were maintained by a third party IT service provider, and controls for disbursement of funds in the Company s bank account that held the Company s working capital, which included the Company s Chief Financial Officer receiving authorization from either the Company s Chief Executive Officer or Executive Chairman of the Board followed by callback confirmation from the Company s bank in order for funds to be disbursed. Our board of directors is generally responsible for the oversight of risks from cybersecurity threats, if there is any. We have not encountered any cybersecurity incidents since our Offering through the time of the consummation of the Business Combination. 63 Table of Contents

Company Information