Company: XTIA
Filing Date: 2025-06-20
Form Type: S-1/A
Source: 0001213900-25-055855
Chunk: 15

Company: XTI Aerospace, Inc.
Filing Date: 2025-06-20
Form: S-1/A
Chunk 15
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876,000 shares of common stock for an aggregate of $1,876 pursuant to the exercise of 1,876,000 pre-funded warrants   
 that were issued in the March 2025 Offering, (ii) the issuance of 2,769,500 shares of common stock for an aggregate of $3,766,520   
 pursuant to the exercise of 2,769,500 common warrants that were issued in the March 2025 Offering and (iii) the issuance of 125,000 
 shares of common stock to ThinkEquity in consideration for financial advisory services pursuant to an advisory agreement dated May  
 13, 2025.                                                                                                                           |

| (2) | The                                                                                                                               
 pro forma as adjusted balance sheet data gives effect to the pro forma adjustments and the issuance of 4,558,404 shares of common 
 stock and assumed net proceeds from this Offering.                                                                                |

<div align='center'>7

RISK FACTORS</div>

Investing in our securities is highly speculative and involves a significant degree of risk. You should carefully consider the following risks and uncertainties as well as the risks and uncertainties described in the section entitled “Risk Factors” contained in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 (the “2024 Form 10-K”), as well as in our subsequent Quarterly and Annual Reports filed with the Securities and Exchange Commission (“SEC”), which filings are incorporated in this prospectus by reference in their entirety. These risk factors could materially and adversely affect our business, results of operations or financial condition. Our business faces significant risks and the risks described below or incorporated by reference herein may not be the only risks we face. Additional risks not presently known to us or that we currently believe are immaterial may materially affect our business, results of operations, or financial condition. If any of these risks occur, the trading price of our common stock could decline and you may lose all or part of your investment.

Risks Related to this Offering, Ownership of our Securities and Our Business

Investors in this Offering will experience immediate and substantial dilution in the book value of their investment.

The public offering
price will be substantially higher than the net tangible book value per share of our outstanding shares of common stock. As a result,
investors in this Offering will incur immediate dilution of $1.89 per share based on the assumed public offering price of $3.51 per share
and accompanying Common Warrant sold in this Offering. Investors in this Offering