Company: XTIA
Filing Date: 2025-10-10
Form Type: DEF 14A
Source: 0001213900-25-098157
Chunk: 56

Company: XTI Aerospace, Inc.
Filing Date: 2025-10-10
Form: DEF 14A
Chunk 56
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) 7,852shares of Common Stock held directly, or by spouse or relative, and (ii) 2,454,564shares of Common Stock issuable upon exercise of options exercisable within 60 days of September 17, 2025. Our current directors and executive officers are: Scott Pomeroy (Chief Executive Officer, Chairman and Director), Brooke Turk (Chief Financial Officer), Michael A. Tapp (Chief Operating Officer), Tobin Arthur (Chief Strategy Officer), Soumya Das (Chief Executive Officer, Real Time Location System Division, and Director), Tensie Axton (Director), David Brody (Director and Secretary) and Kareem Irfan (Director). In addition to our current Class II director, Mr. Irfan, our Board has nominated Clinton J. Weber for election as a Class II director nominee. Delinquent Section 16(a) Reports Section 16(a) of the Exchange Act and SEC regulations require our directors, certain officers and holders of more than 10% of our Common Stock to file reports of ownership on Form 3 and changes in ownership on Form 4 or 5 with the SEC. The reporting directors, officers and 10% stockholders are also required by SEC rules to furnish us with copies of all Section 16(a) reports they file. Based solely on our review of copies of such reports received and written representations from our directors and such covered officers, we believe that our directors, officers and 10% stockholders complied with all applicable Section 16(a) filing requirements during 2024, except that Soumya Das filed a late Form 4 on March 14, 2024 reporting one transaction that occurred on March 8, 2024, and Jennifer Gaines filed a late Form 4 on October 31, 2024 reporting one transaction that occurred on October 28, 2024. 35 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS Review, Approval, or Ratification of Transactions with Related Persons. The Board reviews issues involving potential conflicts of interest, and reviews and approves all related party transactions, including those required to be disclosed as a “related party” transaction under applicable federal securities laws. The Board has not adopted any specific procedures for conducting reviews of potential conflicts of interest and considers each transaction in light of the specific facts and circumstances presented. However, to the extent a potential related party transaction is presented to the Board, the Company expects that the Board would become fully informed regarding the potential transaction and