Company: XTIA
Filing Date: 2025-08-01
Form Type: S-3
Source: 0001213900-25-070681
Chunk: 33

Company: XTI Aerospace, Inc.
Filing Date: 2025-08-01
Form: S-3
Chunk 33
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.S. federal income tax considerations applicable to the exercise of the warrants;                                                     |
| ● | the date on which the right                                                                                                            
 to exercise the warrants will commence, and the date on which the right will expire;                                                   |
| ● | the maximum or minimum number                                                                                                          
 of warrants that may be exercised at any time;                                                                                         |
| ● | information with respect to                                                                                                            
 book-entry procedures, if any; and                                                                                                     |
| ● | any other                                                                                                                              
 terms of the warrants, including terms, procedures and limitations relating to the exchange and exercise of the warrants.              |

Exercise of Warrants

Each warrant will entitle the holder of warrants to purchase for cash the amount of common stock, preferred stock, depositary shares or debt securities, at the exercise price stated or determinable in the prospectus supplement for the warrants. Warrants may be exercised at any time up to the close of business on the expiration date shown in the applicable prospectus supplement, unless otherwise specified in such prospectus supplement. After the close of business on the expiration date, if applicable, unexercised warrants will become void. Warrants may be exercised as described in the applicable prospectus supplement. When the warrant holder makes the payment and properly completes and signs the warrant certificate at the corporate trust office of the warrant agent or any other office indicated in the prospectus supplement, we will, as soon as possible, forward the common stock, preferred stock, depositary shares or debt securities that the warrant holder has purchased. If the warrant holder exercises the warrant for less than all of the warrants represented by the warrant certificate, we will issue a new warrant certificate for the remaining warrants.

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Outstanding Warrants

As of July 31, 2025, there
were warrants outstanding to purchase up to a total of 11,250,616 shares of our common stock, which expire between 2027 and 2030. Each
of these warrants entitles the holder to purchase one share of common stock at current prices ranging from $1.36 to $146,250.00 per share.

June 2025 Common Warrants and June 2025 Representative’s Warrants

On June 24, 2025, we entered into an underwriting agreement with ThinkEquity LLC (“ThinkEquity”), as the representative of the underwriters named therein, relating to a firm commitment underwritten public offering (the “June 2025 Offering”) of 6,231,200 shares