Company: XTIA
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032213
Chunk: 35

Company: XTI Aerospace, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 35
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 or culturally diverse
                                            enterprises;

●we
                                            may incur one-time write-offs or restructuring charges in connection with the acquisition;

●we
                                            may acquire goodwill and other intangible assets that are subject to amortization or impairment
                                            tests, which could result in future charges to earnings; and

●we
                                            may not be able to realize the cost savings or other financial benefits we anticipated.

Accordingly,
our business and success faces risks from uncertainties inherent to developing companies in a competitive environment. There can be no
assurance that our efforts will be successful or that we will ultimately be able to attain profitability.

19

We
may not be able to successfully integrate the business and operations of entities that we have acquired, been acquired by or may acquire
in the future into our ongoing business operations, which may result in our inability to fully realize the intended benefits of these
acquisitions, or may disrupt our current operations, which could have a material adverse effect on our business, financial position and/or
results of operations.

We
continue to integrate the technology and operations acquired in connection with our recent acquisitions, including but not limited to
the Legacy XTI technology and operations. This process involves complex operational, technological and personnel-related challenges,
which are time-consuming and expensive and may disrupt our ongoing business operations. Furthermore, integration involves a number of
risks, including, but not limited to:

●difficulties
                                            or complications in combining the companies’ operations;

●differences
                                            in controls, procedures and policies, regulatory standards and business cultures among the
                                            combined companies;

●the
                                            diversion of management’s attention from our ongoing core business operations;

●increased
                                            exposure to certain governmental regulations and compliance requirements;

●the
                                            potential increase in operating costs;

●the
                                            potential loss of key personnel;

●the
                                            potential loss of key customers or suppliers who choose not to do business with the combined
                                            business;

●difficulties
                                            or delays in consolidating the acquired companies’ technology platforms, including
                                            implementing systems designed to maintain effective disclosure controls and procedures and
                                            internal control over financial reporting for the combined company and enable the Company
                                            to continue to comply with U.S. GAAP and applicable U.S. securities laws and regulations;

●unanticipated
                                            costs to successfully integrate operations, technologies, personnel of acquired businesses
                                            and other assumed contingent liabilities;

●difficulty
                                            comparing financial reports due to differing financial and/or internal reporting systems;

●making
                                            any