Company: XTIA
Filing Date: 2025-06-12
Form Type: S-1
Source: 0001213900-25-053928
Chunk: 3

Company: XTI Aerospace, Inc.
Filing Date: 2025-06-12
Form: S-1
Chunk 3
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 the time of pricing and may be at a discount to the current market price. Therefore, the assumed public
offering price used throughout this prospectus may not be indicative of the final offering price. The securities in this Offering will
be offered at a fixed price and are expected to be issued in a single closing. In addition, there is no established public trading market
for the Pre-funded Warrants and we do not expect a market to develop. In addition, we do not intend to apply for a listing of the Pre-funded
Warrants on any national securities exchange or other nationally recognized trading system.

Investing in our securities is speculative and involves a high degree of risk. You should carefully consider the risk factors beginning on page 8 of this prospectus before purchasing our securities. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

|                                 |     | Per Share |     | Per Pre-funded Warrant |     | Total |
|:--------------------------------|:----|:----------|:----|:-----------------------|:----|:------|
| Public offering price           |     | $         |     | $                      |     | $     |
| Underwriting discounts(1)       |     | $         |     | $                      |     | $     |
| Proceeds to us, before expenses |     | $         |     | $                      |     | $     |

| (1) | We refer you to “Underwriting” beginning on page 27 for additional information regarding underwriters’ 
 compensation.                                                                                          |

We have granted a 45-day option to the representative to purchase from
us, at the public offering price, less the underwriting discounts, up to 594,059 additional shares of common stock and/or 594,059 Pre-funded
Warrants solely to cover over-allotments, if any.

The underwriters expect to deliver the securities
sold in this Offering to the purchasers on or about , 2025.

<div align='center'>ThinkEquity

The date of this prospectus is ,
2025.

TriFan 600 airplane under development. Estimated performance based on XTI airplane analysis. Subject to change and FAA certification.

TriFan 600 airplane under development. Estimated performance based on XTI airplane analysis. Subject to change and FAA certification.

Vertical takeoff with the speed, range and comfort of a business airplane The TriFan