Company: XTIA
Filing Date: 2025-06-12
Form Type: S-1
Source: 0001213900-25-053928
Chunk: 29

Company: XTI Aerospace, Inc.
Filing Date: 2025-06-12
Form: S-1
Chunk 29
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 common stock offered by us in this Offering, would increase (decrease) the net proceeds to us from this Offering
by approximately $4.7 million, assuming the public offering price of $5.05 per share remains the same and assuming no sale of Pre-funded
Warrants and, after deducting underwriting discounts and commissions and estimated expenses payable by us. The information above is illustrative
only and will change based on the actual public offering price and other terms of this Offering determined at pricing.

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CAPITALIZATION</div>

The following table sets
forth our capitalization as of March 31, 2025 as follows:

| ● | on an actual basis; |

| ● | on a pro forma basis to reflect the following issuances subsequent to March 31, 2025 through June 11, 2025: (i) the issuance of 1,876,000 shares of common stock for an aggregate of $1,876 pursuant to the exercise of 1,876,000 pre-funded warrants that were issued in the March 2025 Offering, (ii) the issuance of 1,401,000 shares of common stock for an aggregate of $1,905,360 pursuant to the exercise of 1,401,000 common warrants that were issued in the March 2025 Offering and (iii) the issuance of 125,000 shares of common stock to ThinkEquity in consideration for financial advisory services pursuant to an advisory agreement dated May 13, 2025; and |

| ● | on a pro forma as adjusted basis to reflect the pro forma adjustments and the issuance and sale by us of 3,960,396 shares in this Offering at the assumed public offering price of $5.05 per share (which is the last reported sale price of our common stock on Nasdaq on June 11, 2025) and assuming no exercise of the representative’s over-allotment option and no sale of Pre-funded Warrants, after deducting estimated underwriting discounts and commissions and estimated offering expenses payable by us. |

The information below is illustrative
only. Our capitalization following the closing of this Offering will change based on the actual public offering price and other terms
of this Offering determined at pricing. You should read this table in conjunction with “Management’s Discussion and Analysis
of Financial Condition and Results of Operations” included in the 2024 Form 10-K and our Quarterly Report on Form 10-Q for the quarterly
period