Company: XTIA
Filing Date: 2025-06-20
Form Type: S-1/A
Source: 0001213900-25-055855
Chunk: 44

Company: XTI Aerospace, Inc.
Filing Date: 2025-06-20
Form: S-1/A
Chunk 44
---
 available for the Common Warrants on any securities exchange or nationally recognized trading system, and we do not
expect a trading market to develop. We do not intend to list the Common Warrants on any securities exchange or nationally recognized
trading market. Without a trading market, the liquidity of the Common Warrants will be extremely limited.

Right as a Stockholder

Except as
otherwise provided in the Common Warrants or by virtue of such holder’s ownership of common stock, the holders of the Common Warrants
do not have the rights or privileges of holders of our common stock, including any voting rights, until they exercise their Common Warrants.
The Common Warrants will provide that holders have the right to participate in distributions or dividends paid on our common stock.

<div align='center'>24</div>

Fundamental Transaction

Upon the consummation
of a fundamental transaction (as described in the Common Warrants, and generally including any reorganization, recapitalization or reclassification
of our shares of common stock, the sale, transfer or other disposition of all or substantially all of our properties or assets, our merger,
amalgamation or consolidation with or into another person (other than any merger or amalgamation or consolidation with or into an operating
company or asset of another person that is a business synergistic with our business and where the valuation of such merger or consolidation
or amalgamation is 20% or less (30% or less in the event of a merger or consolidation or amalgamation with ReadyMonitor, LLC or an affiliate
thereof) of the then market capitalization (based on the average of the five VWAPs immediately prior to the public announcement of such
transaction of the Company)), the acquisition of more than 50% of our outstanding shares of common stock, or any person or group becoming
the beneficial owner of 50% of the voting power of our outstanding shares of common stock), the holders of the Common Warrants will be
entitled to receive, upon exercise of the Common Warrants, the kind and amount of securities, cash or other property that such holders
would have received had they exercised the Common Warrants immediately prior to such fundamental transaction, without regard to any limitations
on exercise contained in the Common Warrants. Additionally, as more fully described in the Common Warrants, in the event of certain fundamental
transactions, the holders of the Common Warrants will be entitled to receive consideration in an amount equal to the Black Scholes value
of the Common Warrants on the date of