Company: XTIA
Filing Date: 2025-04-18
Form Type: POS AM
Source: 0001213900-25-033058
Chunk: 48

Company: XTI Aerospace, Inc.
Filing Date: 2025-04-18
Form: POS AM
Chunk 48
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 to the registration statement on Form S-3 (File No. 333-204159), (ii) those certain Common Stock Purchase Warrants     
 issued by the Company in September 2021 (the “September 2021 Warrants”) pursuant to the registration statement on Form S-3                 
 (File No. 333-256827), and (iii) those certain Common Stock Purchase Warrants issued by the Company in March 2022 (the “March 2022         
 Warrants” and together with the April 2018 Warrants and the September 2021 Warrants, the “Existing Warrants”) pursuant                     
 to the registration statement on Form S-3 (File No. 333-256827). Pursuant to the Warrant Amendments, the Company and the Holders have      
 agreed to amend (i) the September 2021 Warrants and the March 2022 Warrants to provide that all of such outstanding warrants shall be      
 automatically exchanged for shares of Common Stock, at a rate of 0.33 shares of Common Stock (the “Exchange Shares”) for each              
 September 2021 Warrant or March 2022 Warrant, as applicable, and (ii) the April 2018 Warrants to remove the obligation of the Company      
 to hold the portion of a Distribution (as defined in the April 2018 Warrants) in abeyance in connection with the Beneficial Ownership      
 Limitation (as defined in the April 2018 Warrants). In connection with the exchange of all of the then outstanding September 2021 Warrants 
 and March 2022 Warrants as of the effective date of the Warrant Amendments, the Company issued 4 Exchange Shares and 10 Exchange Shares,   
 respectively.                                                                                                                              |

| 6. | During the year ended December 31, 2023, the Company issued an aggregate                                                                
 of 25 shares of Common Stock (the “Exchange Shares”) to the holder of the March 2020 Note at prices between $27,250 and $42,000         
 per share, in each equal to the Minimum Price as defined in Nasdaq Listing Rule 5635(d) in accordance with the terms and conditions of  
 exchange agreements, pursuant to which the Company and the note holder agreed to (i) partition new promissory notes in the form of the  
 March 2020 Note in the aggregate original principal amount of approximately $0.9 million and then cause the outstanding balance of the  
 March 2020 Note