Company: XTIA
Filing Date: 2025-03-31
Form Type: 424B5
Source: 0001013762-25-004458
Chunk: 47

Company: XTI Aerospace, Inc.
Filing Date: 2025-03-31
Form: 424B5
Chunk 47
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 for their own account or for the accounts of customers, and, accordingly, the underwriters and their affiliates
may at any time hold long or short positions in such securities or loans.

On January 7, 2025, we entered
into a placement agency agreement with ThinkEquity LLC, as placement agent, pursuant to which we agreed to issue and sell directly to
various investors, in a best efforts public offering, an aggregate of 1,454,546 shares of common stock at an offering price of $13.75
per share. We paid ThinkEquity LLC $1,400,001 of placement agent fees and reimbursed the placement agent for $175,000 of actual out-of-pocket
offering expenses. As part of its compensation for acting as placement agent for the offering, we also issued ThinkEquity LLC warrants
to purchase 72,727 shares of common stock, which were exercisable commencing January 10, 2025, expire January 8, 2030 and have an exercise
price of $17.1875 per share.

No underwriter has provided
any investment banking or other financial services to us during the 180-day period preceding the date of this prospectus supplement.

Price Stabilization, Short Positions and Penalty Bids

In connection with this offering,
the underwriters may engage in transactions that stabilize, maintain or otherwise affect the price of our common stock. Specifically,
the underwriters may over-allot in connection with this offering by selling more shares than are set forth on the cover page of this prospectus
supplements. This creates a short position in our common stock for its own account. The short position may be either a covered short position
or a naked short position. In a covered short position, the number of shares of common stock over-allotted by the underwriters is not
greater than the number of shares of common stock that they may purchase in the over-allotment option. In a naked short position, the
number of shares of common stock involved is greater than the number of shares of common stock in the over-allotment option. To close
out a short position, the underwriters may elect to exercise all or part of the over-allotment option. The underwriters may also elect
to stabilize the price of our common stock or reduce any short position by bidding for, and purchasing, common stock in the open market.

The underwriters may also
impose a penalty bid. This occurs when a particular underwriter or