Company: XTIA
Filing Date: 2025-06-25
Form Type: 424B4
Source: 0001213900-25-057901
Chunk: 34

Company: XTI Aerospace, Inc.
Filing Date: 2025-06-25
Form: 424B4
Chunk 34
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, liquidation preferences,
conversion rights and preemptive rights.

It
is not possible to state the actual effect of the issuance of any shares of preferred stock upon the rights of holders of our common stock
until the board of directors determines the specific rights of the holders of our preferred stock. However, the effects might include,
among other things:

| ● | Impairing dividend rights of our common stock; |

| ● | Diluting the voting power of our common stock; |

| ● | Impairing the liquidation rights of our common stock; and |

| ● | Delaying or preventing a change of control without further action by our stockholders. |

Series 4 Preferred Stock

Our board of directors designated
10,415 shares of preferred stock as Series 4 Convertible Preferred Stock, $0.001 par value with a stated value of $1,000 (the “Series
4 Preferred Stock”). The Series 4 Preferred Stock was originally issued in our public offering of securities consummated on April
24, 2018. As of June 18, 2025, there was one share of Series 4 Preferred Stock outstanding convertible into 1 share of common stock.

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Our board of directors may,
without stockholder approval, issue shares of an additional class or series of preferred stock with voting and conversion rights which
could adversely affect the voting power of the holders of the Series 4 Preferred Stock, except as prohibited by the certificate of designation
of preferences, rights and limitations of the Series 4 Preferred Stock.

.Each
share of Series 4 Preferred Stock is convertible, at any time and from time to time at the option of the holder thereof, into that number
of shares of common stock determined by dividing the stated value of $1,000 by the current conversion price equal to $418,500,000 per
share. In addition, the conversion price per share is subject to adjustment for stock dividends, distributions, subdivisions, combinations
or reclassifications. A holder of the Series 4 Preferred Stock will not have the right to convert any portion of the Series 4 Preferred
Stock to the extent that, after giving effect to the conversion, the holder, together with its affiliates, would beneficially own in excess
of 4.99% (subject to adjustment to up to 9.99% solely at the holder’s discretion upon 61 days’ prior notice to us) of the
number of shares of our common stock outstanding