Company: XTIA
Filing Date: 2025-03-31
Form Type: 424B5
Source: 0001013762-25-004458
Chunk: 90

Company: XTI Aerospace, Inc.
Filing Date: 2025-03-31
Form: 424B5
Chunk 90
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 best interests of the corporation
and, with respect to any criminal action or proceeding, had no reasonable cause to believe such person’s conduct was unlawful. In
the case of a derivative action, a Nevada corporation may indemnify any such person against expenses (including attorneys’ fees)
actually and reasonably incurred by such person in connection with the defense or settlement of such action or suit if such person (a)
is not liable pursuant to Section 73.138 of the NRS, and (b) acted in good faith and in a manner such person reasonably believed to be
in or not opposed to the best interests of the corporation.

Our articles of incorporation and Bylaws provide
that we will indemnify our directors, officers, employees and agents to the extent and in the manner permitted by the provisions of the
NRS, as amended from time to time, subject to any permissible expansion or limitation of such indemnification, as may be set forth in
any stockholders’ or directors’ resolution or by contract.

Any repeal or modification of these provisions
approved by our stockholders will be prospective only and will not adversely affect any limitation on the liability of any of our directors
or officers existing as of the time of such repeal or modification.

We are also permitted to maintain insurance on
behalf of any director, officer, employee or other agent for liability arising out of his actions, whether or not the NRS would permit
indemnification.

INSOFAR AS INDEMNIFICATION
FOR LIABILITIES ARISING UNDER THE SECURITIES ACT OF 1933 MAY BE PERMITTED TO OUR DIRECTORS, OFFICERS AND CONTROLLING PERSONS PURSUANT
TO THE FORGOING PROVISIONS OR OTHERWISE, WE HAVE BEEN INFORMED THAT, IN THE OPINION OF THE SECURITIES AND EXCHANGE COMMISSION, SUCH INDEMNIFICATION
IS AGAINST PUBLIC POLICY AS EXPRESSED IN THAT ACT AND IS, THEREFORE, UNENFORCEABLE.

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

Our articles of incorporation, our bylaws and
the Nevada Revised Statutes 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