Company: XTIA
Filing Date: 2025-04-30
Form Type: 424B3
Source: 0001213900-25-037074
Chunk: 30

Company: XTI Aerospace, Inc.
Filing Date: 2025-04-30
Form: 424B3
Chunk 30
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 of which this prospectus forms a part is available
for the issuance of the shares of Common Stock underlying the Common Warrants unless an exemption from registration is available

Subject to the rules and regulations
of the applicable trading market, we may at any time during the term of the Common Warrants, reduce the then current exercise price to
any amount and for any period of time deemed appropriate by our board of directors. The exercise price and number of shares of Common
Stock issuable upon exercise is subject to appropriate adjustment in the event of stock dividends, stock splits, reorganizations or similar
events affecting our Common Stock and the exercise price.

Exercisability

The Common Warrants are exercisable,
at the option of each holder, in whole or in part, by delivering to us a duly executed exercise notice accompanied by payment in full
for the number of shares of Common Stock purchased upon such exercise (except in the case of a cashless exercise as discussed below).
No fractional shares of Common Stock will be issued upon the exercise of the Common Warrants. In lieu of fractional shares, we will either
pay the holder an amount in cash equal to the fractional amount multiplied by the exercise price or round up to the next whole share.

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Cashless Exercise

If, at the time a holder exercises
its Common Warrants, a registration statement registering the issuance of the shares of Common Stock underlying the Common Warrants under
the Securities Act is not then effective or available and an exemption from registration under the Securities Act is not available for
the issuance of such shares, then in lieu of making the cash payment otherwise contemplated to be made to us upon such exercise in payment
of the aggregate exercise price, the holder may elect instead to receive upon such exercise (either in whole or in part) the net number
of shares of Common Stock determined according to a formula set forth in the Common Warrants.

Exercise Limitation

In general, a holder will
not have the right to exercise any portion of a Common Warrant if the holder (together with its Attribution Parties (as defined in the
Common Warrant)) would beneficially own in excess of 4.99% or 9.99%, at the election of the holder, of the number of shares of Common
Stock outstanding immediately after giving effect to the exercise, as such percentage ownership is determined in accordance with the terms
of the Common Warrant. However, any holder may increase or decrease such percentage to any other percentage not