Company: XTIA
Filing Date: 2025-03-31
Form Type: 424B5
Source: 0001013762-25-004458
Chunk: 45

Company: XTI Aerospace, Inc.
Filing Date: 2025-03-31
Form: 424B5
Chunk 45
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 “Representative’s Warrants”) as compensation to purchase up to 147,060 shares of common stock (5% of the
aggregate number of shares of common stock and/or Pre-funded Warrants sold in this offering). The Representative’s Warrants will
be exercisable at a per share exercise price of $1.70. The Representative’s Warrants are exercisable, in whole or in part, immediately
upon issuance until the five-year anniversary of the commencement of sales of the shares of common stock in this offering. The Representative’s
Warrants and the shares of common stock issuable upon exercise of the Representative’s Warrants are being registered on the registration
statement of which this prospectus is a part.

<div align='center'>S-22</div>

The Representative’s Warrants provide for registration rights
upon request, in certain cases. The sole demand registration right provided will not be greater than five years from the commencement
of sales of the securities issued in this offering in compliance with FINRA Rule 5110(g)(8)(C). The piggyback registration rights provided
will not be greater than seven years from the commencement of sales of the securities issued in this offering in compliance with FINRA
Rule 5110(g)(8)(D). We will bear all fees and expenses attendant to registering the securities issuable on exercise of the warrants other
than underwriting commissions incurred and payable by the holders. The exercise price and number of shares issuable upon exercise of the
Representative’s Warrants may be adjusted in certain circumstances including in the event of a stock dividend or our recapitalization,
reorganization, merger or consolidation. However, the Representative’s Warrant exercise price or underlying shares will not be adjusted
for issuances of shares of common stock at a price below the warrant exercise price.

Lock-Up Agreements

Pursuant to “lock-up”
agreements, we, and our executive officers, directors and affiliates have agreed, without the prior written consent of the representative,
not to, directly or indirectly, offer to sell, sell, pledge or otherwise transfer or dispose of any of shares of (or enter into any transaction
or device that is designed to, or could be expected to, result in the transfer or disposition by any person at any time in the future
of) our common stock, enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the
economic benefits or risks of ownership of shares of our common stock, make any demand