Company: XTIA
Filing Date: 2025-03-31
Form Type: 424B5
Source: 0001013762-25-004458
Chunk: 72

Company: XTI Aerospace, Inc.
Filing Date: 2025-03-31
Form: 424B5
Chunk 72
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 at the holder’s discretion upon 61 days’ prior notice to us) of the
number of shares of our common stock outstanding immediately after giving effect to its conversion.

Fundamental Transactions. In the event
we effect certain mergers, consolidations, sales of substantially all of our assets, tender or exchange offers, reclassifications or share
exchanges in which our common stock is effectively converted into or exchanged for other securities, cash or property, we consummate a
business combination in which another person acquires 50% of the outstanding shares of our common stock, or any person or group becomes
the beneficial owner of 50% of the aggregate ordinary voting power represented by our issued and outstanding common stock, then, upon
any subsequent conversion of the Series 5 Preferred Stock, the holders of the Series 5 Preferred Stock will have the right to receive
any shares of the acquiring corporation or other consideration it would have been entitled to receive if it had been a holder of the number
of shares of common stock then issuable upon conversion in full of the Series 5 Preferred Stock.

Dividends. Holders of Series 5 Preferred
Stock will be entitled to receive dividends (on an as-if-converted-to-common-stock basis) in the same form as dividends actually paid
on shares of the common stock when, as and if such dividends are paid on shares of common stock.

Voting Rights. Except as otherwise provided
in the certificate of designation or as otherwise required by law, the Series 5 Preferred Stock has no voting rights.

Liquidation Preference. Upon our liquidation,
dissolution or winding-up, whether voluntary or involuntary, holders of Series 5 Preferred Stock will be entitled to receive out of our
assets, whether capital or surplus, the same amount that a holder of common stock would receive if the Series 5 Preferred Stock were fully
converted (disregarding for such purpose any conversion limitations under the certificate of designation) to common stock, which amounts
will be paid pari passu with all holders of common stock.

Redemption Rights. We are not obligated
to redeem or repurchase any shares of Series 5 Preferred Stock. Shares of Series 5 Preferred Stock are not otherwise entitled to any redemption
rights, or mandatory sinking fund or analogous provisions.

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Series 9 Preferred Stock

On March 12, 2024, the Company filed the Certificate of Designations of Preferences and Rights of Series 9 Preferred Stock (as amended, the