Company: XTIA
Filing Date: 2025-06-20
Form Type: S-1/A
Source: 0001213900-25-055855
Chunk: 29

Company: XTI Aerospace, Inc.
Filing Date: 2025-06-20
Form: S-1/A
Chunk 29
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 by us. An increase (decrease) of 1,000,000 in the number of shares of common stock offered
by us in this Offering, would increase (decrease) the net proceeds to us from this Offering by approximately $3.3 million, assuming the
public offering price of $3.51 per share and accompanying Common Warrant remains the same and assuming no sale of Pre-funded Warrants
and, after deducting underwriting discounts and commissions and estimated expenses payable by us. The information above is illustrative
only and will change based on the actual public offering price and other terms of this Offering determined at pricing.

<div align='center'>15

CAPITALIZATION</div>

The following table sets
forth our capitalization as of March 31, 2025 as follows:

| ● | on an actual basis; |

| ● | on                                                                                                                                     
 a pro forma basis to reflect the following issuances subsequent to March 31, 2025 through June 18, 2025: (i) the issuance of 1,876,000 
 shares of common stock for an aggregate of $1,876 pursuant to the exercise of 1,876,000 pre-funded warrants that were issued in the    
 March 2025 Offering, (ii) the issuance of 2,769,500 shares of common stock for an aggregate of $3,766,520 pursuant to the exercise     
 of 2,769,500 common warrants that were issued in the March 2025 Offering and (iii) the issuance of 125,000 shares of common stock      
 to ThinkEquity in consideration for financial advisory services pursuant to an advisory agreement dated May 13, 2025; and              |

| ● | on                                                                                                                                   
 a pro forma as adjusted basis to reflect the pro forma adjustments and the issuance and sale by us of 4,558,404 shares of common     
 stock and Common Warrants to purchase 4,558,404 shares of common stock in this Offering at an assumed public offering price of $3.51 
 per share and accompanying Common Warrant (which is the last reported sale price of our common stock on Nasdaq on June 18, 2025),    
 and assuming no exercise of the representative’s over-allotment option and no sale of Pre-funded Warrants, after deducting           
 estimated underwriting discounts and commissions and estimated offering expenses payable by us.                                      |

The information below is illustrative
only. Our capitalization following the closing of this Offering