Company: XTIA
Filing Date: 2025-11-12
Form Type: 8-K
Source: 0001213900-25-108855
Chunk: 19

Company: XTI Aerospace, Inc.
Filing Date: 2025-11-12
Form: 8-K
Item: Item 8.01
Chunk 19
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 cause
us to not fully realize the anticipated financial and/or strategic benefits of the acquisitions, which could have a material adverse effect
on our business, financial condition and/or results of operations.

Even if we are able to successfully
operate the acquired businesses, we may not be able to realize the revenue and other synergies and growth that we anticipated from these
acquisitions in the time frame that we currently expect, and the costs of achieving these benefits may be higher than what we currently
expect, because of a number of risks, including, but not limited to:

  the                                                                                     
  possibility that the acquisition may not further our business strategy as we expected;  
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  the                                                                                                                                
  possibility that we may not be able to expand the reach and customer base for the acquired companies’ current and future products  
  as expected;                                                                                                                       
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  the                                                                                                                     
  possibility that we may have entered a market with no prior experience and may not succeed in the manner expected; and  
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  the                                                                                                              
  possibility that the carrying amounts of goodwill and other purchased intangible assets may not be recoverable.  
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In addition, a significant
portion of the aggregate purchase price of Drone Nerds and Anzu Robotics may be allocated to acquired goodwill and other intangible assets,
which must be assessed for impairment at least annually. For the purposes of the unaudited pro forma condensed combined financial information
included in this report, the Company has assumed the excess consideration over the net assets acquired is goodwill. The Company will perform
a more comprehensive assessment of assets acquired that may result in other intangible assets being identified in that analysis. If the
Acquisitions do not yield expected returns or fair value estimates deteriorate, we may be required to take charges to our results of operations
based on this impairment assessment process, which could adversely affect our results of operations.

As a result of these risks,
the acquisitions of Drone Nerds and Anzu Robotics and integration may not contribute to our earnings as expected, we may not achieve expected
revenue synergies or our return on invested capital targets when expected, or at all, and we may not achieve the other anticipated strategic
and financial benefits of