Form 4: Grafiti Holding Inc. Liquidating Trust Distributes Shares to XTI Aerospace Securityholders
Beneficial Ownership Change Report
Grafiti Holding Inc. Liquidating Trust distributed 3,536,746 common shares to certain record securityholders of XTI Aerospace, Inc.
Summary
- Grafiti Holding Inc. Liquidating Trust has reported a transaction involving the distribution of common shares.
- The trust distributed 3,536,746 common shares.
- These shares were distributed on a pro rata basis to certain record securityholders of XTI Aerospace, Inc.
- The record date for determining eligible securityholders was December 27, 2023.
- The transaction occurred on November 12, 2024.
Sentiment
Score: 7
Explanation: The document reflects a routine distribution of assets as part of a liquidation process, which is generally neutral to positive for the recipients.
Positives
- The distribution of shares provides value to the eligible securityholders of XTI Aerospace, Inc.
Management Comments
- Melanie Figueroa, Trustee of the Grafiti Holding Inc. Liquidating Trust, signed the report.
Industry Context
This transaction is specific to the liquidation of Grafiti Holding Inc. and the distribution of its assets to the securityholders of XTI Aerospace, Inc. It does not reflect broader industry trends.
Stakeholder Impact
- The distribution of shares benefits the eligible securityholders of XTI Aerospace, Inc.
Key Dates
| Date | Description |
|---|---|
| 2023-12-27 | Record date for determining eligible securityholders of XTI Aerospace, Inc. for the share distribution. |
| 2024-11-12 | Date of the share distribution by Grafiti Holding Inc. Liquidating Trust. |
Keywords
Grafiti Holding Inc., Liquidating Trust, XTI Aerospace, Share Distribution, Common Shares, Securityholders
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