Company: XTIA
Filing Date: 2025-04-18
Form Type: POS AM
Source: 0001213900-25-033058
Chunk: 55

Company: XTI Aerospace, Inc.
Filing Date: 2025-04-18
Form: POS AM
Chunk 55
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 Act, on the basis that          
 (a) the shares of Common Stock were issued in exchange for other outstanding securities of the Company; (b) there was no additional consideration 
 delivered by the warrant holder in connection with the warrant exchange and (c) there were no commissions or other remuneration paid by           
 the Company in connection with the warrant exchange.                                                                                              |

| 17. | On June 12, 2024 and June 13, 2024, the Company entered into exchange                                                                          
 agreements with the holders of certain existing warrants of the Company (the “Existing Warrants”) initially issued on December                 
 19, 2023, which were exercisable for an aggregate of 1,965 shares of Common Stock. Pursuant to the exchange agreements, the Company issued     
 to the warrant holders 1.5 shares of Common Stock for each Existing Warrant (rounded up to the nearest whole share), for an aggregate          
 of 2,935 shares of Common Stock, in exchange for the Existing Warrants. Following the consummation of the warrant exchange, the Existing       
 Warrants were cancelled. The shares of Common Stock issued in exchange for the Existing Warrants were issued in reliance on the exemption      
 from registration provided by Section 3(a)(9) of the Securities Act, on the basis that (a) the shares of Common Stock were issued in exchange  
 for other outstanding securities of the Company; (b) there was no additional consideration delivered by the warrant holders in connection      
 with the warrant exchange and (c) there were no commissions or other remuneration paid by the Company in connection with the warrant exchange. |

<div align='center'>II-5</div>

| 18. | On June 6, 2024, the Company entered into a consulting agreement with                                                                      
 a third party consultant, pursuant to which the Company issued 1,238 shares of restricted Common Stock to the consultant (the “First       
 Consultant Shares”) in consideration for marketing and distribution services agreed to be rendered to the Company pursuant to the          
 agreement. On June 7, 2024, the Company entered into a consulting agreement with a separate third party consultant, pursuant to which      
 the Company issued 480 shares of restricted Common Stock to the consultant (such shares together with the First Consultant Shares, the     
 “Consultant Shares”) in consideration for business development consulting services agreed to be rendered to the Company pursuant           
 to the agreement. The Consultant Shares were issued pursuant to an exemption from registration provided by Section