Company: XTIA
Filing Date: 2025-05-19
Form Type: 10-Q
Source: 0001213900-25-045396
Chunk: 372

Company: XTI Aerospace, Inc.
Filing Date: 2025-05-19
Form: 10-Q
Item: Part II, Item 1A
Chunk 372
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’s evaluation or predictions of the likely outcomes of such proceedings, could have
a material adverse effect on our business, financial condition, results of 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.

51

 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

a)
Sales of Unregistered Securities

There were no sales of unregistered
securities by the Company during the quarter ended March 31, 2025 that were not previously reported in current reports on Form 8-K filed
with the SEC.

c)
Issuer Purchases of Equity Securities

None.

Item 3. Defaults Upon Senior Securities

Not applicable.

 Item 4. Mine Safety Disclosure

Not applicable.

 Item 5. Other Information

None of the Company’s
directors or officers adopted, modified or terminated a Rule 10b-5 trading arrangement or a non-Rule 10b-5 trading arrangement during
the fiscal quarter ended March 31, 2025, as such terms are defined under Item 408(a) of Regulation S-K.

Item 6.  Exhibits

See the Exhibit index following
the signature page to this Form 10-Q for a list of exhibits filed or furnished with this report, which Exhibit Index is incorporated herein
by reference.

52

SIGNATURES

Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.

    XTI AEROSPACE, INC

    Date: May 19, 2025
    By:
    /s/ Scott Pomeroy

    Scott Pomeroy
 Chief Executive Officer
(Principal Executive Officer)

    By:
    /s/ Brooke Turk

    Brooke Turk
 Chief Financial Officer
 (Principal Financial Officer)

53

EXHIBIT INDEX

    Exhibit
    Number
     
    Exhibit Description
     
    Form
     
    File No.
     
    Exhibit
     
    Filing Date
     
    Filed Herewith
  
    2.1†
     
    Agreement and Plan of Merger, dated July 24, 2023, among Inpixon, Superfly Merger Sub Inc. and XTI Aircraft Company.
     
    8-K
     
    001-36404