Company: XTIA
Filing Date: 2025-08-01
Form Type: S-3
Source: 0001213900-25-070681
Chunk: 34

Company: XTI Aerospace, Inc.
Filing Date: 2025-08-01
Form: S-3
Chunk 34
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 of common stock, pre-funded warrants to purchase up to 2,911,800 shares of common stock, and common warrants to purchase up to 9,143,000 shares of common stock (the “June 2025 Common Warrants”). Pursuant to the underwriting agreement, we also granted ThinkEquity a 45-day option to purchase, at the public offering price, less the underwriting discounts and commissions, up to 1,371,000 additional shares of common stock (and/or pre-funded warrants in lieu thereof) and/or up to 1,371,000 additional June 2025 Common Warrants or any combination thereof, to cover any over-allotments (the “Over-Allotment Option”). ThinkEquity partially exercised the Over-Allotment Option on June 25, 2025 for 1,371,000 additional June 2025 Common Warrants. The initial closing of the June 2025 Offering and the closing of the June 25, 2025 partial exercise of the Over-Allotment Option occurred on June 26, 2025.

As part of its compensation for serving as representative in connection with the June 2025 Offering, on June 26, 2025, we issued ThinkEquity representative warrants to purchase up to 457,150 shares of common stock (the “June 2025 Representative’s Warrants”).

On July 7, 2025, we closed a partial exercise of the Over-Allotment Option, which was exercised for 1,219,995 shares of common stock. On July 7, 2025, we also issued ThinkEquity additional June 2025 Representative’s Warrants to purchase an aggregate of 61,000 shares of common stock, with substantially similar terms as the June 2025 Representative’s Warrants issued in connection with the initial closing of the June 2025 Offering.

On July 9, 2025, we closed a partial exercise of the Over-Allotment Option, which was exercised for 151,005 shares of common stock. Following the partial exercise of the over-allotment option, the over-allotment option has been fully exercised. On July 9, 2025, we also issued ThinkEquity additional June 2025 Representative’s Warrants to purchase an aggregate of 7,551 shares of common stock, with substantially similar terms as the June 2025 Representative’s Warrants issued in connection with the initial closing of the