Company: XTIA
Filing Date: 2025-09-15
Form Type: 8-K
Source: 0001213900-25-087390
Chunk: 2

Company: XTI Aerospace, Inc.
Filing Date: 2025-09-15
Form: 8-K
Item: Item 1.01
Chunk 2
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 or other derivatives transaction that transfers to another, in whole or in part, any of the economic
benefits or risks of ownership of shares of Common Stock, make any demand for or exercise any right or cause to be filed a registration
statement, including any amendments thereto, with respect to the registration of any shares of Common Stock or securities convertible
into or exercisable or exchangeable for shares of Common Stock or any other of the Company’s securities or publicly disclose the
intention to do any of the foregoing, subject to customary exceptions, for, with respect to the Company, a period of 90 days from September
12, 2025, and with respect to its executive officers and directors, a period of 60 days from September 12, 2025.

Additionally, the Company
agreed that for a period of 90 days from September 12, 2025, the Company will not directly or indirectly offer to sell, sell, contract
to sell, grant any option to sell or otherwise dispose of shares of its capital stock or any securities convertible into or exercisable
or exchangeable for shares of its capital stock in any “at-the-market,” continuous equity transaction or variable rate transaction,
without the prior written consent of the Placement Agent.

The representations, warranties
and covenants contained in the Agreement were made only for purposes of such agreement and as of specific dates, were solely for the benefit
of the parties to the Agreement and may be subject to limitations agreed upon by the contracting parties. Accordingly, the Agreement is
incorporated herein by reference only to provide investors with information regarding the terms of the Agreement, and not to provide investors
with any other factual information regarding the Company or its business, and should be read in conjunction with the disclosures in the
Company’s periodic reports and other filings with the SEC.

The foregoing descriptions
of the Agreement, the Pre-funded Warrants, the Common Warrants, the Placement Agent Warrants and the Lock-up Agreements do not purport
to be complete and are qualified in their entirety by reference to the full text of the Agreement, the form of Pre-funded Warrant, the
form of Common Warrant, the form of Placement Agent Warrant, and the form of Lock-Up Agreement, copies of which are filed herewith as
Exhibits 10.1, 4.1, 4.2, 4.3 and 10.2, respectively.

This Current Report on Form
8-K shall not constitute an