Company: XTIA
Filing Date: 2025-06-12
Form Type: S-1
Source: 0001213900-25-053928
Chunk: 49

Company: XTI Aerospace, Inc.
Filing Date: 2025-06-12
Form: S-1
Chunk 49
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 in this Offering). The Representative’s
Warrants will be exercisable at a per share exercise price of $ (125% of the public offering
price per share of common stock in the Offering). The Representative’s Warrants are immediately exercisable, in whole or in part,
during the five year period following the initial exercise date. The Representative’s Warrants and the shares of common stock issuable
upon exercise of the Representative’s Warrants are being registered on the registration statement of which this prospectus is a
part.

The Representative’s Warrants have been deemed compensation by Financial Industry Regulatory Authority, Inc. (“FINRA”)
and are therefore subject to a 180-day lock-up pursuant to Rule 5110(e)(1)(A) of FINRA. The representative (or permitted assignees under
Rule 5110(e)(2)) will not sell, transfer, assign, pledge, or hypothecate these warrants or the securities underlying these warrants, nor
will they engage in any hedging, short sale, derivative, put, or call transaction that would result in the effective economic disposition
of the warrants or the underlying securities for a period of 180 days following the commencement of sales of the securities issued in
this Offering. In addition, the Representative’s Warrants provide for registration rights upon request, in certain cases. The sole
demand registration right provided will not be greater than five years from the commencement of sales of the securities issued in this
Offering in compliance with FINRA Rule 5110(g)(8)(C). The piggyback registration rights provided will not be greater than seven years
from the commencement of sales of the securities issued in this Offering in compliance with FINRA Rule 5110(g)(8)(D). We will bear all
fees and expenses attendant to registering the securities issuable on exercise of the warrants other than underwriting commissions incurred
and payable by the holders. The exercise price and number of shares issuable upon exercise of the Representative’s Warrants may
be adjusted in certain circumstances including in the event of a stock dividend or our recapitalization, reorganization, merger or consolidation.
However, the Representative’s Warrant exercise price or underlying shares will not be adjusted for issuances of shares of common
stock at a price below the warrant exercise price.

Lock-Up Agreements

Pursuant to “lock-up”
agreements, we, and our executive officers, directors and affiliates have agreed, without the prior written consent of the representative,
not to, directly or