Company: XTIA
Filing Date: 2025-06-03
Form Type: DRS
Source: 0001213900-25-050156
Chunk: 42

Company: XTI Aerospace, Inc.
Filing Date: 2025-06-03
Form: DRS
Chunk 42
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 shares
of common stock and Pre-funded Warrants sold in this Offering. The Representative’s Warrants will be immediately exercisable at
any time, and from time to time, in whole or in part, immediately following the closing of the Offering and expiring on the date which
is five years from the effective date of the registration statement at a per share price equal to 125% of the public offering price per
share of common stock in the Offering. The Representative’s Warrants will provide for customary anti-dilution provisions (the exercise
price and number of shares of common stock issuable upon exercise is subject to appropriate adjustment in the event of share dividends,
share splits, reorganizations or similar events affecting our common stock and the exercise price) consistent with Financial Industry
Regulatory Authority, Inc. (“FINRA”) Rule 5110, and further, the number of shares underlying the Representative’s Warrants
shall be reduced if necessary to comply with FINRA rules are regulations.

Anti-Takeover Effects of Nevada Law and our Articles of Incorporation and Bylaws

Our articles of incorporation,
our bylaws and the Nevada Revised Statutes (“NRS”) contain provisions that could delay or make more difficult an acquisition
of control of our company not approved by our board of directors, whether by means of a tender offer, open market purchases, proxy contests
or otherwise. These provisions have been implemented to enable us to develop our business in a manner that will foster our long-term growth
without disruption caused by the threat of a takeover not deemed by our board of directors to be in the best interest of our company and
our stockholders. These provisions could have the effect of discouraging third parties from making proposals involving an acquisition
or change of control of our company even if such a proposal, if made, might be considered desirable by a majority of our stockholders.
These provisions may also have the effect of making it more difficult for third parties to cause the replacement of our current management
without the concurrence of our board of directors.

Set forth below is a description
of the provisions contained in our articles of incorporation, bylaws and Nevada Revised Statutes that could impede or delay an acquisition
of control of our company that our board of directors has not approved. This description is intended as a summary only and is qualified
in its entirety by reference to our articles of incorporation and bylaws, forms of each of which are included as exhibits to the registration
statement of which this prospectus forms a part.

Authorized But Un