Company: XTIA
Filing Date: 2025-03-31
Form Type: 424B5
Source: 0001013762-25-004458
Chunk: 91

Company: XTI Aerospace, Inc.
Filing Date: 2025-03-31
Form: 424B5
Chunk 91
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 deemed by our board of directors to be in the best interest of our company and our stockholders. These provisions
could have the effect of discouraging third parties from making proposals involving an acquisition or change of control of our company
even if such a proposal, if made, might be considered desirable by a majority of our stockholders. These provisions may also have the
effect of making it more difficult for third parties to cause the replacement of our current management without the concurrence of our
board of directors.

Set forth below is a description of the provisions
contained in our articles of incorporation, bylaws and Nevada Revised Statutes that could impede or delay an acquisition of control of
our company that our board of directors has not approved. This description is intended as a summary only and is qualified in its entirety
by reference to our articles of incorporation and bylaws, forms of each of which are included as exhibits to the registration statement
of which this prospectus forms a part.

Authorized But Unissued Preferred Stock

We are currently authorized to issue a total of
5,000,000 shares of preferred stock. Our articles of incorporation provide that the board of directors may issue preferred stock by resolutions,
without any action of the stockholders. In the event of a hostile takeover, the board of directors could potentially use this preferred
stock to preserve control.

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Filling Vacancies

Our bylaws establish that the board shall be authorized
to fill any vacancies on the board arising due to the death, resignation or removal of any director. The board is also authorized to fill
vacancies if the stockholders fail to elect the full authorized number of directors to be elected at any annual or special meeting of
stockholders. Vacancies in the board may be filled by a majority of the remaining directors then in office, even though less than a quorum
of the board, or by a sole remaining director.

Removal of Directors

The provisions of our bylaws may make it difficult
for our stockholders to remove one or more of our directors. Our bylaws provide that the entire board of directors, or any individual
director, may be removed from office at any special meeting of stockholders called for such purpose by vote of the holders of two-thirds
of the voting power entitling the stockholders to elect directors in place of those to be removed. Furthermore, according to our bylaws,
no director may be removed (unless the entire board is removed) when the votes cast against removal