Company: XTIA
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032213
Chunk: 58

Company: XTI Aerospace, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 58
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19 pandemic, could severely affect our business, results of operations and financial condition.

A regional or global health
pandemic, depending upon its duration and severity, could have a material adverse effect on our business. For example, the COVID-19 pandemic
has had numerous effects on the global economy. Governmental authorities around the world implemented measures to reduce the spread of
COVID-19 and these measures, including shutdowns and “shelter-in-place” orders suggested or mandated by governmental authorities
or otherwise elected by companies as a preventive measure, adversely affected workforces, customers, consumer sentiment, economies and
financial markets, and, along with decreased consumer spending, led to an economic downturn. In response to the COVID-19 pandemic, we
modified our business practices (including recommending that all non-essential personnel work remotely).

The extent to which a regional
or global health pandemic, such as the COVID-19 pandemic, would impact our business, operations, financial condition and results of operations
is uncertain and hard to predict and will depend on numerous evolving factors that we may not be able to control or predict including:

    ●
    the impact on our operations, including our continued ability to execute on business continuity plans for the maintenance of our critical internet infrastructure, if significant portions of our workforce are unable to work effectively, including due to illness, quarantines, social distancing, government actions or other restrictions in connection with a regional or global health pandemic 

    ●
    any disruption of our supply chain and the impact of such disruptions on our suppliers or our ability to deliver products and services to our customers (for example, as a result of the COVID-19 outbreak, our ability to source internal connection cables for certain of our sensors was temporarily delayed, which required us to source these components from other vendors at a higher price that resulted in an increase in our costs to produce our products); and

    ●
    any negative impact on the demand for our services and products resulting from the economic disruption caused by a pandemic and responses thereto such as remote and hybrid work styles that can negatively impact our indoor intelligence solutions.

30

Risks
Related to Our Securities

Our
failure to maintain compliance with the continued listing requirements of the Nasdaq Capital Market may result in our common stock being
delisted from the Nasdaq Capital Market, which could negatively impact the price of our common stock, liquidity, our ability to access
the capital markets and our stockholders’ ability to sell their shares.

Our
common stock is currently listed on the