Company: XTIA
Filing Date: 2025-09-15
Form Type: 8-K
Source: 0001213900-25-087390
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Company: XTI Aerospace, Inc.
Filing Date: 2025-09-15
Form: 8-K
Item: Item 1.01
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Item 1.01 Entry into
a Material Definitive Agreement.

On September 12, 2025, XTI
Aerospace, Inc. (the “ Company”) entered into a placement agency agreement (the “ Agreement”) with ThinkEquity LLC
(the “ Placement Agent”), pursuant to which the Company agreed to issue and sell directly to various investors, in a best efforts
public offering (the “ Offering”), 10,575,000 shares (the “ Shares”) of the Company’s common stock, par value
$0.001 per share (the “ Common Stock”), pre-funded warrants (the “ Pre-funded Warrants”) to purchase up to 1,925,000
shares of Common Stock, and common warrants (the “ Common Warrants” and together with the Pre-funded Warrants, the “ Warrants”)
to purchase up to 12,500,000 shares of Common Stock. The combined public offering price for each share of Common Stock, together with
one Common Warrant, is $1.60. The combined public offering price for each Pre-funded Warrant, together with one Common Warrant, is $1.599.
Each share of Common Stock, or a Pre-funded Warrant in lieu thereof, is being sold together with one Common Warrant.

Each Pre-funded Warrant will
be immediately exercisable, will have an exercise price of $0.001 per share and may be exercised at any time until all of the Pre-funded
Warrants are exercised in full. Each Common Warrant will have an exercise price of $2.00 per share, will be exercisable immediately and
will expire on the fifth anniversary of the date of issuance.

The Offering is being made
pursuant to the Company’s registration statement on Form S-3 (File No 333-289194), previously filed with the Securities and Exchange
Commission (the “ SEC”) on August 1, 2025 and declared effective on August 12, 2025, a base prospectus included therein, a
preliminary prospectus supplement dated September 11, 2025, and a final prospectus supplement dated September 12, 2025.

The closing of the Offering
is expected to occur on September 15, 2025. The net proceeds to the Company from the sale of the Shares and the Warrants after deducting
the placement agent fees and other estimated offering expenses payable by the Company, and assuming full exercise of the Pre-funded Warrants,