Company: XTIA
Filing Date: 2025-09-12
Form Type: 424B5
Source: 0001213900-25-087270
Chunk: 27

Company: XTI Aerospace, Inc.
Filing Date: 2025-09-12
Form: 424B5
Chunk 27
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 operations and cash flows. Our current financial status may increase our default and litigation risks and may make us more financially vulnerable in the face of threatened litigation.

<div align='center'>S-10

USE OF PROCEEDS</div>

We estimate that the net proceeds from the sale of our common stock
and/or Pre-funded Warrants and accompanying Common Warrants in this offering will be approximately $18.1 million, after deducting placement
agent fees and estimated offering expenses payable by us, and excluding the proceeds we may receive from any exercises of the Common Warrants
or the Placement Agent Warrants.

We currently expect to use the net proceeds from this offering for working capital and other general corporate purposes, including the development of the TriFan 600 airplane. We may also use a portion of the net proceeds to invest in or acquire businesses or technologies that we believe are complementary to our own, although we have no current commitments or obligations to do so.

This expected use of the net proceeds from this offering and our existing cash represents our intentions based upon our current plans, financial condition and business conditions. The amount, timing and nature of specific expenditures of net proceeds from this offering will depend on a number of factors, including the timing, scope, progress and results of our development efforts and the timing and progress of any collaboration efforts. As of the date of this prospectus supplement, we cannot specify with certainty all of the particular uses of the proceeds from this offering. Accordingly, we will retain broad discretion over the use of such proceeds.

<div align='center'>DIVIDEND POLICY</div>

We have never declared or paid any cash dividends on our capital stock. We intend to retain all available funds and future earnings, if any, for development and expansion of our business. Any future determination regarding the declaration and payment of dividends, if any, will be at the discretion of our board of directors and will depend on then-existing conditions, including our financial condition, operating results, contractual restrictions, capital requirements, business prospects and other factors our board of directors deems relevant. Investors should not purchase our common stock with the expectation of receiving cash dividends.

<div align='center'>S-11

CAPITALIZATION</div>

The following table sets forth our capitalization as of June 30, 2025:

| ● | on an actual basis;                                                                                                                      |
| ● | on a pro forma basis to                                                                                                                  
 reflect (a) the repayment of our outstanding Small Business Administration loan of approximately $0.1 million and (b) the