Company: XTIA
Filing Date: 2025-06-20
Form Type: S-1/A
Source: 0001213900-25-055855
Chunk: 61

Company: XTI Aerospace, Inc.
Filing Date: 2025-06-20
Form: S-1/A
Chunk 61
---
 public offer and prospectus requirement rules provided under Decree No.
58 and the Regulation No. 11971 as amended, unless an exception from those rules applies. Failure to comply with such rules may result
in the sale of such securities being declared null and void and in the liability of the entity transferring the securities for any damages
suffered by the investors.

Japan

The securities have not been
and will not be registered under Article 4, paragraph 1 of the Financial Instruments and Exchange Law of Japan (Law No. 25 of 1948), as
amended (the “FIEL”), pursuant to an exemption from the registration requirements applicable to a private placement of securities
to Qualified Institutional Investors (as defined in and in accordance with Article 2, paragraph 3 of the FIEL and the regulations promulgated
thereunder). Accordingly, the securities may not be offered or sold, directly or indirectly, in Japan or to, or for the benefit of, any
resident of Japan other than Qualified Institutional Investors. Any Qualified Institutional Investor who acquires securities may not resell
them to any person in Japan that is not a Qualified Institutional Investor, and acquisition by any such person of securities is conditional
upon the execution of an agreement to that effect.

Portugal

This document is not
being distributed in the context of a public offer of financial securities (oferta pública de valores mobiliários) in
Portugal, within the meaning of Article 109 of the Portuguese Securities Code (Código dos Valores Mobiliários). The
securities have not been offered or sold and will not be offered or sold, directly or indirectly, to the public in Portugal. This
document and any other offering material relating to the securities have not been, and will not be, submitted to the Portuguese
Securities Market Commission (Comissăo do Mercado de Valores Mobiliários) for approval in Portugal and,
accordingly, may not be distributed or caused to distributed, directly or indirectly, to the public in Portugal, other than under
circumstances that are deemed not to qualify as a public offer under the Portuguese Securities Code. Such offers, sales and
distributions of securities in Portugal are limited to persons who are “qualified investors” (as defined in the
Portuguese Securities Code). Only such investors may receive this document and they may not distribute it or the information
contained in it to any other person.

Sweden

This document has not been,
and will not be,