Company: XTIA
Filing Date: 2025-06-20
Form Type: S-1/A
Source: 0001213900-25-055855
Chunk: 50

Company: XTI Aerospace, Inc.
Filing Date: 2025-06-20
Form: S-1/A
Chunk 50
---
 in lieu thereof) and Common Warrants subject to prior sale, when, as and if issued
to and accepted by them, subject to approval of legal matters by their counsel and other conditions specified in the underwriting agreement.
The underwriters reserve the right to withdraw, cancel or modify offers to the public and to reject orders in whole or in part.

We have granted the Representative
an over-allotment option. This option, which is exercisable for up to 45 days after the date of this prospectus, permits the underwriters
to purchase up to an aggregate of 683,760 additional shares of common stock (and/or Pre-funded Warrants in lieu thereof) and/or up to
an aggregate of 683,760 additional Common Warrants (equal to 15% of the total number of shares of common stock and/or Pre-funded Warrants
and/or 15% of the number of Common Warrants sold in this Offering, or any combination thereof). The purchase price of the shares sold
upon exercise of the over-allotment option shall be the public offering price per share less $0.01 per share; the purchase price of the
Pre-funded Warrants sold upon exercise of the over-allotment shall be the public offering price of the Pre-funded Warrants less $0.01
per Pre-funded Warrant; and the purchase price per Common Warrant shall be $0.01 per Common Warrant; in ease case, less underwriting
discounts and commissions, solely to cover over-allotments, if any. If the underwriters exercise this option in whole or in part, then
the underwriters will be severally committed, subject to the conditions described in the underwriting agreement, to purchase the additional
shares of common stock (and/or Pre-funded Warrants in lieu thereof) and/or Common Warrants in proportion to their respective commitments
set forth in the prior table.

Discounts, Commissions and Reimbursement

The underwriters propose
initially to offer the shares of common stock (and/or Pre-funded Warrants in lieu thereof) and Common Warrants to the public at the public
offering price set forth on the cover page of this prospectus. The underwriters may offer securities to securities dealers at that price
less a concession of not more than $ per share (or Pre-funded Warrant) and accompanying
Common Warrant of which up to $ per share (or Pre-funded Warrant) and accompanying Common
Warrant may be reallowed to other