{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-22-084113","form_type":"8-K","ticker":"XTIA","cik":"0001529113","company_name":"XTI Aerospace, Inc.","filed_at":"2022-12-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.035226+00:00","generated_at":"2026-06-20T21:27:24.575834+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Inpixon issues $8.4M unsecured promissory note to Streeterville Capital at 10% interest, netting $6.5M","bullets":["Issued $8.4M unsecured promissory note due 12 months; net proceeds $6.5M after $1.885M OID and $15k fees.","Interest accrues at 10% p.a.; default rate 22%. Prepayment penalty of 115% of outstanding amount.","After 6 months, holder may redeem 1/6 of initial principal monthly; 10% monitoring fee added if note still outstanding at 6 months.","Mandatory prepayment of 25% of amount raised in any future equity offering until note is paid.","Streeterville gets participation right in up to 10% of any future financing until note is fully paid."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-22-084113","json":"https://secwatch.observer/filing/0001213900-22-084113.json","markdown":"https://secwatch.observer/filing/0001213900-22-084113.md","text":"https://secwatch.observer/filing/0001213900-22-084113.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1529113/000121390022084113/0001213900-22-084113-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1529113/000121390022084113/ea171016-8k_inpixon.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T21:27:24.575834+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"aabda4051fbcf753b245534d2bd316bafde7c3f2","claim":"XTI Aerospace, Inc. incurred loan of $8,400,000.00 with Streeterville Capital, LLC at 10% per annum maturing 12 months from the issuance date.","evidence_excerpt":"On December 30, 2022, Inpixon (the “Company”) entered into a note purchase agreement (the “Purchase Agreement”) with Streeterville Capital, LLC (the “Holder”), pursuant to which the Company agreed to issue and sell to the Holder an unsecured promissory note (the “Note”) in an aggregate initial principal amount of $8,400,000.00 (the “Initial Principal Amount”), which is payable on or before the date that is 12 months from the issuance date (the “Maturity Date”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1529113/000121390022084113/0001213900-22-084113-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$8,400,000.00"},{"label":"Counterparty","value":"Streeterville Capital, LLC"},{"label":"Rate","value":"10% per annum"},{"label":"Maturity","value":"12 months from the issuance date"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"a69a3232c48c8ec8426881b18d2a4e96c00c4507","claim":"XTI Aerospace, Inc. entered into Note Purchase Agreement with Streeterville Capital, LLC valued at $8,400,000 (effective 2022-12-30).","evidence_excerpt":"On December 30, 2022, Inpixon (the “Company”) entered into a note purchase agreement (the “Purchase Agreement”) with Streeterville Capital, LLC (the “Holder”), pursuant to which the Company agreed to issue and sell to the Holder an unsecured promissory note (the “Note”) in an aggregate initial principal amount of $8,400,000.00","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1529113/000121390022084113/0001213900-22-084113-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Streeterville Capital, LLC"},{"label":"Value","value":"$8,400,000"},{"label":"Effective","value":"2022-12-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}