Company: XTIA
Filing Date: 2025-06-12
Form Type: S-1
Source: 0001213900-25-053928
Chunk: 2

Company: XTI Aerospace, Inc.
Filing Date: 2025-06-12
Form: S-1
Chunk 2
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XTI Aerospace, Inc.

This is a firm commitment public offering (the “Offering”)
of up to 3,960,396 shares of common stock, par value $0.001 per share, of XTI Aerospace, Inc. based on an assumed public offering price
of $5.05 per share (which is the last reported sales price of our common stock on the Nasdaq Capital Market (“Nasdaq”) on
June 11, 2025).

We are also offering to those purchasers, if any,
whose purchase of shares of common stock in this Offering would otherwise result in the purchaser, together with its affiliates and certain
related parties, beneficially owning more than 4.99% (or, at the election of such purchaser, 9.99%) of our outstanding shares of common
stock immediately following the consummation of this Offering, the opportunity to purchase, if the purchaser so chooses, pre-funded warrants,
(the “Pre-funded Warrants”), in lieu of shares of common stock that would otherwise result in the purchaser’s beneficial
ownership exceeding 4.99% (or, at the election of such purchaser, 9.99%) of our outstanding shares of common stock. Each Pre-funded Warrant
will be immediately exercisable for one share of common stock and may be exercised at any time until all of the Pre-funded Warrants are
exercised in full. The purchase price of each Pre-funded Warrant will equal the price per share at which the shares of our common stock
are being sold to the public in this Offering, minus $0.001, and the exercise price of each Pre-funded Warrant will be $0.001 per share.
For each Pre-funded Warrant we sell, the number of shares of common stock we are offering will be decreased on a one-for-one basis. This
Offering also includes the shares of common stock issuable upon exercise of the Pre-funded Warrants.

You should read this prospectus, together with
additional information described under the heading “Where You Can Find More Information” carefully before you invest in any
of our securities.

Our common stock is listed on Nasdaq under the
symbol “XTIA.” On May 30, 2025, the last reported sale price of our common stock on Nasdaq was $1.68 per share. The actual
public offering price per share of common stock sold in this Offering will be determined between us and the representative of the underwriters
based on market conditions at