Company: XTIA
Filing Date: 2025-06-20
Form Type: S-1/A
Source: 0001213900-25-055855
Chunk: 35

Company: XTI Aerospace, Inc.
Filing Date: 2025-06-20
Form: S-1/A
Chunk 35
---
 of $343.59 
 per share;                                                                                                                             |

| ● | 5,038,115 shares of common stock issuable upon the exercise of outstanding warrants, at a weighted 
 average exercise price of $5.65 per share;                                                         |

| ● | 72,942,798 shares of common stock available for future issuance under our 2018 Employee Stock Incentive Plan and any other additional 
 shares of our common stock that may become available under our 2018 Employee Stock Incentive Plan;                                    |

| ● | 1 share of common stock issuable upon the conversion of 1 outstanding share of Series 4 Convertible Preferred Stock, at a conversion 
 price of $418,500,000 per share; and                                                                                                 |

| ● | 1 share of common stock issuable upon conversion of 126 outstanding shares of Series 5 Convertible Preferred Stock, at a conversion 
 price of $280,968,750 per share.                                                                                                    |

<div align='center'>19

DESCRIPTION OF SECURITIES</div>

The following
information describes our authorized capital stock, as well as certain provisions of our organizational documents and Nevada law. This
description is only a summary, does not purport to be complete and is qualified in its entirety by reference to our organizational documents,
copies of which have been filed or incorporated by reference as exhibits to the registration statement of which this prospectus forms
a part.

Common Stock

Under our articles of
incorporation, as amended, we are authorized to issue up to 500,000,000 shares of common stock, par value $0.001 per share. As of June
18, 2025, 9,558,040 shares of common stock were issued and outstanding. Our authorized but unissued shares of common stock are available
for issuance without further action by our stockholders, unless such action is required by applicable law or the rules of any stock exchange
or automated quotation system on which our securities may be listed or traded.

The holders of our common
stock are entitled to one vote per share. In addition, the holders of our common stock will be entitled to receive pro rata dividends,
if any, declared by our board of directors out of legally available funds; however, the current policy of our board of directors is to
retain earnings, if any, for operations and growth. Upon liquidation, dissolution or winding-up, the holders of our common stock are entitled
to share ratably in all assets that are legally