Company: XTIA
Filing Date: 2025-04-30
Form Type: 424B3
Source: 0001213900-25-037074
Chunk: 27

Company: XTI Aerospace, Inc.
Filing Date: 2025-04-30
Form: 424B3
Chunk 27
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 of a controlling interest in an “issuing corporation”, and (ii)
dissenter’s rights pursuant to NRS 92A.300 to 92A.500, inclusive, for stockholders that voted against authorizing voting rights
for the control shares. Our bylaws provide that, effective as of March 12, 2024 (the closing date of the XTI Merger) (the “Closing
Date”), the provisions of NRS 78.378 through 78.3793, inclusive, are not applicable to the XTI Merger Agreement and the consummation
of the transactions contemplated thereby, including, without limitation, the acquisition of shares, or of rights to acquire shares, of
the Company by the stockholders, or holders of rights to acquire stock, of Legacy XTI as of the Closing Date.

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We are also subject to the
provisions of NRS 78.411 to 78.444, inclusive, which generally prohibits a publicly held Nevada corporation from engaging in a “combination”
with an “interested stockholder” (each as defined) that is the beneficial owner, directly or indirectly, of at least ten percent
of the voting power of the outstanding voting shares of the corporation or is an affiliate or associate of the corporation that previously
held such voting power within the past three years, for a period of three years after the date the person first became an “interested
stockholder”, subject to certain exceptions for authorized combinations, as provided therein.

In accordance with NRS 78.195,
our articles of incorporation provide for the authority of the board of directors to issue shares of preferred stock in series by filing
a certificate of designation to establish from time to time the number of shares to be included in such series and to fix the designation,
powers, preferences and rights of the shares of each such series and the qualifications, limitations or restrictions thereof, subject
to limitations prescribed by law.

Pre-funded Warrants

Duration and Exercise Price

The Pre-funded Warrants have
an exercise price of $0.001 per share. The Pre-funded Warrants were immediately exercisable upon issuance and may be exercised at any
time until the Pre-funded Warrants are exercised in full, provided that the registration statement of which this prospectus forms a part
is available for the issuance of the shares of Common Stock underlying the Pre-funded Warrants unless an exemption from registration is
available. The exercise price and number of shares of Common Stock iss