Company: XTIA
Filing Date: 2025-11-12
Form Type: 8-K
Source: 0001213900-25-108855
Chunk: 21

Company: XTI Aerospace, Inc.
Filing Date: 2025-11-12
Form: 8-K
Item: Item 9.01
Chunk 21
---
Item 9.01 Financial Statements and Exhibits.

(a) Financial statements of businesses or funds
acquired.

The audited consolidated financial
statements of Drone Nerds, Inc. for the years ended December 31, 2024 and 2023 are filed as Exhibit 99.3 to this Current Report on Form
8-K and are incorporated by reference herein.

The unaudited condensed consolidated
financial statements of Drone Nerds, Inc. for the six months ended June 30, 2025 and 2024 are filed as Exhibit 99.4 to this Current Report
on Form 8-K and are incorporated by reference herein.

(b) Pro forma financial information.

The unaudited pro forma condensed
combined financial information identified below giving effect to the Acquisitions is filed as Exhibit 99.5 to this Current Report on Form
8-K and is incorporated by reference herein:

  Unaudited pro forma condensed combined balance  
  sheet as of June 30, 2025                       
 ──────────────────────────────────────────────────

  Unaudited pro forma condensed combined statement      
  of operations for the six months ended June 30, 2025  
 ────────────────────────────────────────────────────────

  Unaudited pro forma condensed combined statement    
  of operations for the year ended December 31, 2024  
 ──────────────────────────────────────────────────────

(d) Exhibits

  Exhibit Number      Description                                                                                                                                                                                           
            2.1*      Membership Interest Purchase Agreement, dated November 10, 2025, by and among XTI Drones Holdings, LLC, The Origin Group DN, Inc., Drone Nerds, LLC, the seller owners listed on Annex A-1 theret...  
            2.2*      Membership Interest Purchase Agreement, dated November 10, 2025, by and among XTI Drones Holdings, LLC, The Origin Group AZ, Inc., Anzu Robotics, LLC, the seller owners listed on Annex A-1 ther...  
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
             3.1      Certificate of Designation of Preferences and Rights of Series 10 Convertible Preferred Stock                                                                                                         
             4.1      Revolving Promissory Note, dated July 10, 2025, issued by Drone Nerds Inc and Anzu Robotics, LLC to Banesco