Company: XTIA
Filing Date: 2025-06-03
Form Type: DRS
Source: 0001213900-25-050156
Chunk: 13

Company: XTI Aerospace, Inc.
Filing Date: 2025-06-03
Form: DRS
Chunk 13
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| Trading |     | Our common stock is listed on Nasdaq under the symbol “XTIA.” There is no established public trading market for the Pre-funded Warrants, and we do not expect a market to develop. In addition, we do not intend to apply for a listing of the Pre-funded Warrants on any national securities exchange or other nationally recognized trading system. |

| Risk Factors |     | Investing in our common stock involves a high degree of risk. See                                                         
 “Risk Factors” beginning on page 8 of this prospectus, and the other information included, or incorporated by reference,  
 in this prospectus for a discussion of factors you should consider carefully before deciding to invest in our securities. |

| (1) | The number of shares of common stock to be outstanding following this Offering is based on 6,863,540 outstanding shares of common stock as of May 28, 2025, and excludes: |

| ● | 50,333 shares of common stock issuable upon the exercise of outstanding stock options, at a weighted average exercise price of $343.59 
 per share;                                                                                                                             |

| ● | 3,087,115 shares of common stock issuable upon the exercise of outstanding warrants, at a weighted average exercise price of $9.18 
 per share;                                                                                                                         |

| ● | 73,900,306 shares of common stock available for future issuance under our 2018 Employee Stock Incentive Plan and any other additional 
 shares of our common stock that may become available under our 2018 Employee Stock Incentive Plan;                                    |

| ● | 1 share of common stock issuable upon the conversion of 1 outstanding share of Series 4 Convertible Preferred Stock, at a conversion 
 price of $418,500,000 per share; and                                                                                                 |

| ● | 1 share of common stock issuable upon conversion of 126 outstanding shares of Series 5 Convertible Preferred Stock, at a conversion 
 price of $280,968,750 per share.                                                                                                    |

Unless otherwise indicated, this prospectus also assumes no sale of Pre-funded Warrants, no exercise of the warrants to be issued to the representative (the “Representative’s Warrants”) and no exercise by the representative of its option to purchase additional shares of our common stock and/or Pre-funded Warrants to cover over-allotments, if any.

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SUMMARY FINANCIAL