---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-001235"
form_type: "8-K"
ticker: "XTIA"
cik: "0001529113"
company_name: "XTI Aerospace, Inc."
filed_at: "2023-10-03T23:59:59+00:00"
generated_at: "2026-06-10T05:28:58.192297+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Inpixon approves reverse split (1:2-1:50); fails to boost authorized shares to 1B

## Summary
- Special meeting Sep 29: reverse split authorized (ratio 1:2 to 1:50) to comply with Nasdaq.
- Proposal to increase authorized shares to 1B rejected (10.69M for, 5.23M against).
- Issuance of shares upon warrant exercise approved (5.97M for).
- Since Aug 14, issued 4.77M shares in exchange for ~$700K note reduction at $0.13-$0.19/share.

## SEC filing metadata
- accession: 0001013762-23-001235
- form_type: 8-K
- ticker: XTIA
- cik: 0001529113
- company_name: XTI Aerospace, Inc.
- filed_at: 2023-10-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529113/000101376223001235/0001013762-23-001235-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529113/000101376223001235/ea186183-8k_inpixon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-001235
- JSON: https://secwatch.observer/filing/0001013762-23-001235.json
- Plain text: https://secwatch.observer/filing/0001013762-23-001235.txt

## Key facts
- Shareholder Votes
  XTI Aerospace, Inc. shareholders approved Approval of an amendment to the Company’s Restated Articles of Incorporation to effect a reverse stock split at the 2023-09-29 meeting.
  - Proposal: reverse split
  - Outcome: passed
  - Meeting: 2023-09-29
  source text: Proposal 1 . Approval of an amendment to the Company’s Restated Articles of Incorporation, as amended (the “Articles of Incorporation”), to effect a reverse stock split of the Company’s outstanding Common Stock, at a ratio between 1-for-2 and 1-for-50, to be determined at the discretion of the Company’s Board of Directors (the “Board”), for the purpose of complying with the Nasdaq Listing Rules, subject to the Board’s discretion to abandon such amendment. For Against Abstentions 11,119,384 4,795,626 116,116
  evidence_url: https://www.sec.gov/Archives/edgar/data/1529113/000101376223001235/0001013762-23-001235-index.htm
- Shareholder Votes
  XTI Aerospace, Inc. shareholders approved Authorization to adjourn the Special Meeting at the 2023-09-29 meeting.
  - Outcome: passed
  - Meeting: 2023-09-29
  source text: Proposal 4 . Authorization to adjourn the Special Meeting. For Against Abstentions 11,261,869 4,597,236 172,021
  evidence_url: https://www.sec.gov/Archives/edgar/data/1529113/000101376223001235/0001013762-23-001235-index.htm
- Shareholder Votes
  XTI Aerospace, Inc. shareholders approved Approval of the issuance of shares of Common Stock upon exercise of the Warrants issued to accredited investors pursuant to a warrant purchase agreement in accordance with Nasdaq Listing Rule 5635(d) at the 2023-09-29 meeting.
  - Outcome: passed
  - Meeting: 2023-09-29
  source text: Proposal 3 . Approval of the issuance of shares of Common Stock upon exercise of the warrants to purchase common stock (the “Warrants”) issued to accredited investors pursuant to a warrant purchase agreement, dated May 15, 2023, in accordance with the terms of the Warrants, as required by and in accordance with Nasdaq Listing Rule 5635(d). For Against Abstentions Broker Non-Votes 5,966,287 3,212,221 199,943 6,652,675
  evidence_url: https://www.sec.gov/Archives/edgar/data/1529113/000101376223001235/0001013762-23-001235-index.htm
- Shareholder Votes
  XTI Aerospace, Inc. shareholders rejected Approval of an amendment to the Articles of Incorporation to increase the number of authorized shares of Common Stock at the 2023-09-29 meeting.
  - Proposal: charter amendment
  - Outcome: failed
  - Meeting: 2023-09-29
  source text: Proposal 2 . Approval of an amendment to the Articles of Incorporation to increase of the number of authorized shares of Common Stock to up to 1,000,000,000, with such number to be determined at the Board’s discretion, from the number of shares of Common Stock authorized at the time of such authorized share increase. For Against Abstentions 10,689,844 5,234,986 106,296
  evidence_url: https://www.sec.gov/Archives/edgar/data/1529113/000101376223001235/0001013762-23-001235-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.