Company: XTIA
Filing Date: 2025-04-18
Form Type: POS AM
Source: 0001213900-25-033058
Chunk: 24

Company: XTI Aerospace, Inc.
Filing Date: 2025-04-18
Form: POS AM
Chunk 24
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 holders of our Common Stock are entitled to receive pro rata our assets which are legally available for
distribution, after payments of all debts and other liabilities and subject to the prior rights of any holders of preferred stock then
outstanding. All of the outstanding shares of our Common Stock are fully paid and non-assessable. The shares of Common Stock offered by
this prospectus will also be fully paid and non-assessable.

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Preferred Stock

Our
articles of incorporation permit us to issue up to 5,000,000 shares of preferred stock in one or more series and with rights and preferences
that may be fixed or designated by our board of directors without any further action by our stockholders. Each series of preferred stock
will have the number of shares, designations, preferences, voting powers, qualifications and special or relative rights or privileges
as shall be determined by our board of directors, which may include, among others, dividend rights, voting rights, liquidation preferences,
conversion rights and preemptive rights.

It
is not possible to state the actual effect of the issuance of any shares of preferred stock upon the rights of holders of our Common Stock
until the board of directors determines the specific rights of the holders of our preferred stock. However, the effects might include,
among other things:

| ● | Impairing dividend rights of our Common Stock; |

| ● | Diluting the voting power of our Common Stock; |

| ● | Impairing the liquidation rights of our Common Stock; and |

| ● | Delaying or preventing a change of control without further 
 action by our stockholders.                                |

Series 4 Preferred Stock

Our board of directors designated
10,415 shares of preferred stock as Series 4 Convertible Preferred Stock, $0.001 par value with a stated value of $1,000 (the “Series
4 Preferred Stock”). The Series 4 Preferred Stock was originally issued in our public offering of securities consummated on April
24, 2018. As of April 15, 2025, there was 1 share of Series 4 Preferred Stock outstanding convertible into 1 share of Common Stock.

Our board of directors may,
without stockholder approval, issue shares of an additional class or series of preferred stock with voting and conversion rights which
could adversely affect the voting power of the holders of the Series 4 Preferred Stock, except as prohibited by the certificate of designation
of preferences, rights and limitations of the