Company: XTIA
Filing Date: 2025-03-31
Form Type: 424B5
Source: 0001013762-25-004458
Chunk: 42

Company: XTI Aerospace, Inc.
Filing Date: 2025-03-31
Form: 424B5
Chunk 42
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 will be
entitled to receive, upon exercise of the Common Warrants, the kind and amount of securities, cash or other property that such holders
would have received had they exercised the Common Warrants immediately prior to such fundamental transaction, without regard to any limitations
on exercise contained in the Common Warrants. Additionally, as more fully described in the Common Warrants, in the event of certain fundamental
transactions, the holders of the Common Warrants will be entitled to receive consideration in an amount equal to the Black Scholes value
of the Common Warrants on the date of consummation of such transaction.

Subsequent Registration Statement

Because
the Current Shelf Registration Statement will not be available for the issuance of shares of our common stock upon the exercise of the
Pre-funded Warrants, we have agreed to file a registration statement (the “Subsequent Registration Statement”) covering the
issuance of the shares issuable upon exercise of the Common Warrants within 10 calendar days after their issuance date and use our best
efforts to have it declared effective under the Securities Act by the 45th calendar day following the issuance date of the Common Warrants
(or, in the event of a “full review” by the SEC, the 60th calendar day following the issuance date of the Common Warrants).

Governing Law

The Common Warrants are governed
by New York law.

<div align='center'>S-20

UNDERWRITING</div>

ThinkEquity LLC is acting
as representative of the underwriters of this offering. We have entered into an underwriting agreement dated March 28, 2025 with the representative.
Subject to the terms and conditions of the underwriting agreement, we have agreed to sell to each underwriter named below, and each underwriter
named below has severally agreed to purchase, at the public offering price less the underwriting discounts set forth on the cover page
of this prospectus supplement, the number of shares of common stock, Pre-funded Warrants and Common Warrants next to its name in the following
table:

| Underwriters    |     | Number of 
 Shares    |         |     | Number of  
 Pre-funded 
 Warrants   |           |     | Number of 
 Common    
 Warrants  |           |
| ThinkEquity LLC |     |           | 765,200 |     |            | 2,176,000 |     |           | 2,941,200 |
| Total           |     |           |