---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-25-003568"
form_type: "8-K"
ticker: "XTIA"
cik: "0001529113"
company_name: "XTI Aerospace, Inc."
filed_at: "2025-03-28T23:59:59+00:00"
generated_at: "2026-05-24T03:02:27.416468+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# XTI Aerospace settles with former CEO; to pay ~$3.9M for stock redemption and terminations

## Summary
- Redeems 1,164 shares of Series 9 Preferred Stock for $1,251,651.
- Terminates Ali Consulting Agreement; pays $60,000 cash and $1.5M in three installments through Dec 2025.
- Forgives $1M owed by Grafiti Group under Equity Purchase Agreement as part of settlement.
- Must pay $803,261 in Bonus Plan payments and $303,373 to former CFO Loundermon by April 26, 2025.
- Failure to pay Former Management Payments on time accelerates full $1.5M deferred amount.

## SEC filing metadata
- accession: 0001013762-25-003568
- form_type: 8-K
- ticker: XTIA
- cik: 0001529113
- company_name: XTI Aerospace, Inc.
- filed_at: 2025-03-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529113/000101376225003568/0001013762-25-003568-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529113/000101376225003568/ea0236010-8k_xti.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-25-003568
- JSON: https://secwatch.observer/filing/0001013762-25-003568.json
- Plain text: https://secwatch.observer/filing/0001013762-25-003568.txt

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