QT IMAGING HOLDINGS, INC. 8-K

What Happened

• QT Imaging Holdings, Inc. announced (filed an 8-K) that it entered into an exclusive Distribution Agreement with Al Naghi Medical Co. (NMC) for the United Arab Emirates. The agreement covers QT Breast Acoustic CT Scanners and QTI Cloud Platform SaaS subscriptions (the “Approved Products”).
• The Distribution Agreement began January 19, 2026 and runs through January 19, 2029, with an automatic one-year extension if NMC meets annual minimum purchase requirements. The company issued a press release about the deal on January 20, 2026.

Key Details

• Exclusive rights: NMC has exclusive rights to market, advertise and sell the Approved Products in the UAE during the term (subject to meeting minimum purchases).
• Payment & security: Standard payment is 50% on order and 50% within 45 days of shipping (in USD); certain orders may require an irrevocable letter of credit.
• Responsibilities: NMC must secure all local governmental approvals, permits, customs clearances and pay UAE taxes on sales; QT Imaging retains intellectual property, provides training and professional services, and arranges initial packaging/shipping.
• Termination & supply: If NMC fails annual minimum purchase requirements, QT Imaging may end exclusivity or terminate the agreement; if QT Imaging cannot deliver requested quantities, NMC’s minimum purchase obligations are reduced accordingly. Warranty terms range from at least 1 year up to 5 years depending on client purchase price.

Why It Matters

• This agreement gives QT Imaging an exclusive local partner to commercialize its breast acoustic CT scanners and cloud SaaS in the UAE, potentially opening a new regional revenue stream.
• Investors should note that revenue realization depends on NMC meeting minimum purchase targets and obtaining local approvals; payment terms (50% upfront, possible letters of credit) and USD invoicing reduce some payment risk but distribution concentration and reliance on one partner are material commercial considerations.