Company: XTIA
Filing Date: 2025-04-18
Form Type: POS AM
Source: 0001213900-25-033058
Chunk: 49

Company: XTI Aerospace, Inc.
Filing Date: 2025-04-18
Form: POS AM
Chunk 49
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 to be reduced by an aggregate of approximately $0.9 million and (ii) exchange the partitioned notes for the delivery of 
 the Exchange Shares. The offer and sale of the Exchange Shares was not registered under the Securities Act, in reliance on an exemption 
 from registration under Section 3(a)(9) of the Securities Act, in that (a) the Exchange Shares were issued in exchanges for partitioned 
 notes which were other outstanding securities of the Company; (b) there was no additional consideration of value delivered by the note  
 holder in connection with the exchanges and (c) there were no commissions or other remuneration paid by the Company in connection with  
 the exchanges.                                                                                                                          |

<div align='center'>II-3</div>

| 7. | During the year ended December 31, 2023, the Company issued an aggregate                                                                         
 of 1,877 shares of Common Stock (the “Exchange Shares”) to the holder of that certain promissory note of the Company issued                      
 on July 22, 2022 (the “July 2022 Note”) at prices between $1,390 and $22,875 per share, in each equal to the Minimum Price                       
 as defined in Nasdaq Listing Rule 5635(d) in accordance with the terms and conditions of exchange agreements, pursuant to which the Company      
 and the note holder agreed to (i) partition new promissory notes in the form of the July 2022 Note in the aggregate original principal           
 amount of approximately $7.6 million and then cause the outstanding balance of the July 2022 Note to be reduced by an aggregate of approximately 
 $7.6 million and (ii) exchange the partitioned notes for the delivery of the Exchange Shares. The offer and sale of the Exchange Shares          
 was not registered under the Securities Act, in reliance on an exemption from registration under Section 3(a)(9) of the Securities Act,          
 in that (a) the Exchange Shares were issued in exchanges for partitioned notes which were other outstanding securities of the Company;           
 (b) there was no additional consideration of value delivered by the note holder in connection with the exchanges and (c) there were no           
 commissions or other remuneration paid by the Company in connection with the exchanges.                                                          |

| 8. | The Company issued 520 shares of Common Stock (the “Exchange                                                                                
 Shares”) to the holder of that certain promissory note of the Company issued on December 30, 202