Company: XTIA
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032213
Chunk: 62

Company: XTI Aerospace, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 62
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 market price of our common stock.

Our
articles of incorporation allows us to issue up to 500,000,000 shares of our common stock, par value $0.001 per share, and to issue and
designate the rights of, without stockholder approval, up to 5,000,000 shares of preferred stock, par value $0.001 per share. To raise
additional capital, we may in the future sell additional shares of our common stock or other securities convertible into or exchangeable
for our common stock at prices that are lower than the prices paid by existing stockholders, and investors purchasing shares or other
securities in the future could have rights superior to existing stockholders, which could result in substantial dilution to the interests
of existing stockholders. The market price of our common stock could decline as a result of sales of common stock or securities that
are convertible into or exchangeable for, or that represent the right to receive common stock or the perception that such sales could
occur.

In
addition, to the extent that outstanding stock options or warrants have been or may be exercised or preferred stock converted or other
shares issued, stockholders may experience further dilution.

We
may issue debt and equity securities or securities convertible into equity securities, any of which may be senior to our common stock
as to distributions and in liquidation, which could negatively affect the value of our common stock.

In
the future, we may attempt to increase our capital resources by entering into debt or debt-like financing that is unsecured or secured
by up to all of our assets, or by issuing additional debt or equity securities, which could include issuances of secured or unsecured
commercial paper, medium-term notes, senior notes, subordinated notes, guarantees, preferred stock, hybrid securities, or securities
convertible into or exchangeable for equity securities. In the event of our liquidation, our lenders and holders of our debt and preferred
securities would receive distributions of our available assets before distributions to the holders of our common stock. Because our decision
to incur debt and issue securities in future offerings may be influenced by market conditions and other factors beyond our control, we
cannot predict or estimate the amount, timing or nature of our future offerings or debt financings. Further, market conditions could
require us to accept less favorable terms for the issuance of our securities in the future.

If
our common stock is delisted, market liquidity for our common stock could be severely affected and our stockholders