Company: XTIA
Filing Date: 2025-04-18
Form Type: POS AM
Source: 0001213900-25-033058
Chunk: 15

Company: XTI Aerospace, Inc.
Filing Date: 2025-04-18
Form: POS AM
Chunk 15
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 the term “Completion Date” means
the date on which the Company has delivered (i) the Series 9 Redemption Amount to Ali by wire transfer of immediately available funds;
(ii) the Deferred Amount to Ali by wire transfer of immediately available funds; (iii) the Outstanding Amount to Ali by wire transfer
of immediately available funds; (iv) the Former Management Payments to Loundermon and the recipients of the Bonus Plan Payments by wire
transfer of immediately available funds.

. As of
the Effective Date, the XTI Parties agreed to release the Ali Parties from and with respect to any and all claims, demands, causes of
action, damages, obligations, liabilities, costs, and expenses of any kind or nature whatsoever (collectively, “XTI Claims”),
arising out of any obligations of the Ali Parties with respect to any obligation of the Ali Parties in connection with the payment of
the purchase price as set forth in the Equity Purchase Agreement, the Ali Consulting Agreement, the Series 9 Purchase Agreement and the
portion of the Bonus Plan relating to Ali, whether known or unknown, foreseen or unforeseen, that the XTI Parties, or any of them, ever
had, now have, or may have against the Ali Parties, or any of them, from the beginning of time through and including the Completion Date.

. The
Settlement Agreement provides that it supersedes any prior consents or agreements regarding the allocation of financing proceeds for the
payment of any obligations of the Company described in the Settlement Agreement.

Corporate Information

We were originally formed
in the State of Nevada in April 1999. We have two direct, wholly-owned operating subsidiaries: XTI Aircraft Company, based in Englewood,
Colorado (at our corporate headquarters), and Inpixon GmbH (previously Nanotron Technologies GmbH), based in Berlin, Germany. IntraNav
GmbH, based in Eschborn, Germany, is an indirect subsidiary of the Company and the wholly-owned subsidiary of Inpixon GmbH.

Our principal executive offices
are located at Centennial Airport at 8123 InterPort Blvd., Suite C, Englewood, Colorado 80112. This facility houses our principal executive
office, finance, and other administrative activities, although our employees and consultants mostly work remotely. Our engineers are working
remotely throughout the United States and Germany. We also sublease office space in Palo Alto, California. Two of our subsidiaries, Inpixon
GmbH and IntraNav GmbH, maintain offices