ENGLEWOOD, Colo., March 27, 2025 /PRNewswire/ — XTI Aerospace, Inc. (Nasdaq: XTIA), (“XTI” or the “Company”), a pioneer in VTOL and powered-lift airplane answers, these days introduced that it intends to trade in to promote stocks of its familiar reserve (and/or pre-funded warrants (“Pre-Funded Warrants”) instead thereof) and warrants in an underwritten nation providing. The entire stocks of familiar reserve (and/or Pre-Funded Warrants) and warrants are being presented by means of the Corporate. The providing is topic to marketplace situations and there will also be deny commitment as as to whether or when the providing is also finished, or as to the latest measurement or phrases of the providing.
The Corporate intends to worth the web proceeds from the providing basically for basic running capital and basic company functions, and the whole reimbursement of the Corporate’s remarkable fix promissory notes.
ThinkEquity is appearing as the only real book-running supervisor for the providing.
The securities will likely be presented and bought pursuant to a shelf registration remark on Mode S-3 (Record Disagree. 333-279901), together with a bottom prospectus, filed with the U.S. Securities and Change Fee (the “SEC”) on Would possibly 31, 2024, as amended on June 14, 2024, and declared efficient on June 18, 2024. The providing will likely be made simplest by way of a written prospectus. A initial prospectus complement and accompanying bottom prospectus describing the phrases of the providing has been or will likely be filed with the SEC on its web page at www.sec.gov. Copies of the initial prospectus complement and the accompanying bottom prospectus in relation to the providing can be received from the places of work of ThinkEquity, 17 Situation Side road, forty first Ground, Unutilized York, Unutilized York 10004. Prior to making an investment on this providing, events will have to learn of their entirety the initial prospectus complement and the accompanying bottom prospectus and the alternative paperwork that the Corporate has filed with the SEC which can be included by means of reference in such initial prospectus complement and the accompanying prospectus, which lend extra details about the Corporate and such providing. The general phrases of the providing will likely be disclosed in a last prospectus complement to be filed with the SEC.
This press let fall shall now not represent an trade in to promote or a solicitation of an trade in to shop for, nor shall there be any sale of those securities in any order or jurisdiction by which such an trade in, solicitation or sale can be illegal previous to registration or qualification below the securities rules of such a order or jurisdiction.
About XTI Aerospace, Inc.
XTI Aerospace (XTIAerospace.com) (Nasdaq: XTIA) is the mum or dad corporate of XTI Plane Corporate, an flight trade based totally alike Denver, Colorado, recently growing the TriFan 600, a fixed-wing trade airplane designed to have the vertical takeoff and touchdown (VTOL) capacity of a helicopter, speeds of 345 mph and a territory of 700 miles, growing a completely pristine section – the vertical carry crossover aircraft (VLCA). Moreover, the Inpixon (inpixon.com) trade unit of XTI Aerospace is a pacesetter in real-time location techniques (RTLS) era with shoppers all over the world who worth the Corporate’s location perception answers in factories and alternative commercial amenities to aid optimize operations, build up productiveness, and strengthen protection. For more info about XTI Aerospace, please seek advice from XTIAerospace.com and HangerXStudios.com (flight innovation podcast), and practice the corporate on LinkedIn, Instagram, X, and YouTube.
Ahead Taking a look Statements
This press let fall incorporates positive “forward-looking statements” throughout the which means of the USA Personal Securities Litigation Reform Function of 1995, Division 27A of the Securities Function, and Division 21E of the Change Function. All statements alternative than statements of ancient truth contained on this press let fall, together with with out limitation, statements in regards to the of completion, timing and measurement of the providing and its expected worth of web proceeds from the providing are forward-looking statements.
A few of these forward-looking statements will also be recognized by means of the worth of forward-looking phrases, together with “believe,” “continue,” “could,” “would,” “will,” “estimate,” “expect,” “intend,” “plan,” “target,” “projects,” or the negatives of those phrases or permutations of them or indistinguishable expressions. All forward-looking statements are topic to dangers, uncertainties, and alternative elements which might motive latest effects to range materially from the ones expressed or implied by means of such forward-looking statements. All forward-looking statements are based totally upon estimates, forecasts, and suppositions that, generation regarded as cheap by means of XTI and its control, are inherently unsure, and plenty of elements might motive the latest effects to range materially from wave expectancies. XTI undertakes deny legal responsibility to revise any forward-looking statements to deliver to replicate occasions or instances that may due to this fact get up. Readers are prompt to scrupulously overview and believe the danger elements mentioned from pace to pace in XTI’s filings with the SEC, together with the ones elements mentioned below the caption “Risk Factors” in its most up-to-date annual record on Mode 10-Okay, filed with the SEC on April 16, 2024, and in next experiences filed with or furnished to the SEC.
Contacts:
Common inquiries:
E mail: [email protected]
Internet: https://xtiaerospace.com/contact
Investor Members of the family:
Crescendo Communications
Tel: +1 212-671-1020
E mail: [email protected]
SOURCE XTI Aerospace, Inc.
