Company: XTIA
Filing Date: 2025-02-14
Form Type: S-8
Source: 0001213900-25-014322
Chunk: 1

Company: XTI Aerospace, Inc.
Filing Date: 2025-02-14
Form: S-8
Chunk 1
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 the Securities Act. ☐

<div align='center'>EXPLANATORY NOTE</div>

The 2018 Employee Stock Incentive
Plan, as amended (the “”), includes a quarterly evergreen provision that provides for automatic quarterly
increases in the number of shares reserved for issuance under the 2018 Plan (the “”). In addition,
the 2018 Plan provides that the amount of shares of common stock, par value $0.001 (the “”), of XTI Aerospace,
Inc. (the “”) that may be issued under the 2018 Plan will not be reduced in connection with a change in the
outstanding shares of Common Stock by reason of stock dividends, stock splits, reverse stock splits, recapitalizations, mergers, consolidations,
combinations or exchanges of shares, separations, reorganizations or liquidations.

On April 27, 2018, January
25, 2019, April 19, 2019, November 1, 2019, April 13, 2020, June 4, 2021, November 22, 2021, December 29, 2023 and June 13, 2024, the
Registrant filed with the Securities and Exchange Commission (the “”) Registration Statements on Form S-8,
Registration Nos. 333-224506, 333-229374, 333-230965, 333-234458, 333-237659, 333-256831, 333-261282, 333-276335 and 333-280189, respectively
(collectively, the “”), relating to shares of Common Stock reserved for issuance under
the 2018 Plan.

The Registrant is filing this
Registration Statement on Form S-8 to register (i) an additional 9,000,000 shares of Common Stock reserved and available for future issuance
under the 2018 Plan as a result of Quarterly Increases, which is comprised of 3,000,000 shares of Common Stock issuable as a result of
the Quarterly Increase that occurred on July 1, 2024, 3,000,000 shares of Common Stock issuable as a result of the Quarterly Increase
that occurred on October 1, 2024 and 3,000,000 shares of Common Stock issuable as a result of the Quarterly Increase that occurred on
January 1, 2025, and (ii) an additional 63,891