Xti Aerospace, INC 8-K filings

XTI Aerospace, Inc. presented its strategic vision and progress on the TriFan 600 aircraft during a Shareholder Town Hall, highlighting its position in the emerging vertical economy and advanced air mobility market.

XTI Aerospace announced its Q1 2025 results, showcasing advancements in the TriFan 600 program, improved financial stability through debt elimination, and a focus on future growth.

XTI Aerospace announces the SEC's declaration of effectiveness for its post-effective amendment to maintain registration of common stock issuance upon warrant exercises.

XTI Aerospace, Inc. has officially appointed CBIZ CPAs P.C. as their independent registered public accounting firm for the fiscal year ending December 31, 2025, following the acquisition of Marcum LLP's attest business.

XTI Aerospace releases an updated corporate presentation emphasizing its position in the emerging vertical economy and the potential of its xVTOL solutions.

XTI Aerospace used proceeds from a recent public offering to fully repay outstanding debt to Streeterville Capital, terminating a material definitive agreement.

XTI Aerospace is undertaking a public offering to raise approximately $4 million for working capital, general corporate purposes, and to fully repay outstanding secured promissory notes.

XTI Aerospace enters into a settlement agreement with its former CEO, Nadir Ali, and affiliated entities to resolve outstanding obligations related to preferred stock, consulting fees, and other agreements.

XTI Aerospace estimates $3.2 million in revenue for 2024 and announces a change in its independent auditor from Marcum LLP to CBIZ CPAs P.C.

XTI Aerospace's board of directors has authorized a share repurchase program to acquire up to $5 million of the company's common stock, signaling confidence in its intrinsic value.

XTI Aerospace issued shares to Streeterville Capital in exchange for debt reduction and to PR and IR firms as compensation for services.

XTI Aerospace exchanges debt for equity, updates financial data to reflect a 1-for-250 reverse stock split, and secures consent for additional ATM offering.

XTI Aerospace announces it has regained compliance with Nasdaq's minimum bid price requirement, ensuring continued listing on the Nasdaq Capital Market.

XTI Aerospace updates shareholders on financial improvements, TriFan 600 development, and strategic initiatives.

XTI Aerospace has announced a $20 million best-efforts public offering of its common stock, priced at $0.055 per share, to close on January 10, 2025.

XTI Aerospace's 2024 annual meeting saw the election of directors, ratification of auditors, and approval of a reverse stock split, but failed to pass a proposal to increase authorized shares.

XTI Aerospace's 2024 annual meeting saw the approval of a reverse stock split and director elections, but a proposal to increase authorized shares was rejected.

XTI Aerospace issued 16,990,659 common shares in exchange for preferred stock, increasing the total outstanding common shares to 294,438,948.

XTI Aerospace issued shares of common stock to a preferred stock holder and a consultant, Nadir Ali, in exchange for preferred stock and consulting fees.

XTI Aerospace issued common stock to Streeterville Capital and Nadir Ali in exchange for preferred stock and consulting payments, respectively, and made cash payments related to preferred stock redemptions.

XTI Aerospace has obtained consent for a $5 million increase to its at-the-market offering program, while also resolving past breaches and obligations with key stakeholders.

XTI Aerospace is facing potential delisting from the Nasdaq Capital Market after its stock price fell below $0.10 for ten consecutive trading days.

XTI Aerospace exchanged 300 shares of Series 9 Preferred Stock for 5,267,558 shares of common stock at an effective price of $0.0598 per share.

XTI Aerospace has appointed Jennifer Gaines as its Chief Legal Officer, effective October 28, 2024, bringing extensive experience in legal and compliance across various industries.

XTI Aerospace exchanged 2.8 million common shares for preferred stock, effectively priced at $0.1124 per share.

XTI Aerospace has agreed to amend the terms of its convertible note with Damon Motors, extending the maturity date and modifying permitted indebtedness.

XTI Aerospace and Damon Motors have amended their business combination agreement, adding a $13 million financing condition and extending the termination date to October 30, 2024.

XTI Aerospace has appointed Tobin Arthur as its Chief Strategy Officer, effective September 19, 2024, to guide the company's vision and oversee sales, marketing, and investor relations.

XTI Aerospace has established a Corporate Advisory Board to evaluate strategic opportunities, appointing Michael Tapp as its chairman and senior advisor.

XTI Aerospace is facing an arbitration claim from Chardan Capital Markets seeking approximately $950,000 in cash payments plus additional fees related to a prior engagement letter.