{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-059686","form_type":"8-K","ticker":"XTIA","cik":"0001529113","company_name":"XTI Aerospace, Inc.","filed_at":"2023-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.210040+00:00","generated_at":"2026-06-13T03:06:19.952051+00:00","sec_items":["1.01","3.02","5.02","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Inpixon enters definitive agreement to merge with XTI Aircraft; combined company to be named XTI Aerospace","bullets":["XTI security holders to receive ~60% of combined company; Inpixon stockholders retain ~40% post-merger.","Scott Pomeroy to become CEO of combined company; Inpixon's Nadir Ali and Wendy Loundermon to serve as consultants.","Inpixon to provide XTI up to $1.775M in senior secured loans before closing; termination fee of $2M applies to either party.","Closing requires stockholder approvals (Inpixon and XTI), SEC effectiveness of Form S-4, and Nasdaq listing.","Inpixon will divest its Shoom, SAVES, and Game Your Game businesses prior to closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-059686","json":"https://secwatch.observer/filing/0001213900-23-059686.json","markdown":"https://secwatch.observer/filing/0001213900-23-059686.md","text":"https://secwatch.observer/filing/0001213900-23-059686.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1529113/000121390023059686/0001213900-23-059686-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1529113/000121390023059686/ea182060-8k425_inpixon.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T03:06:19.952051+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":"db52f23474","claim":"Nadir Ali resigned as Chief Executive Officer at XTI Aerospace, Inc..","evidence_excerpt":"It is expected that Inpixon’s Chief Executive Officer, Nadir Ali, and Chief Financial Officer, Wendy Loundermon, will resign upon the Closing, effective as of the Closing Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1529113/000121390023059686/0001213900-23-059686-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"ddfd33d9cb","claim":"Wendy Loundermon resigned as Chief Financial Officer at XTI Aerospace, Inc..","evidence_excerpt":"It is expected that Inpixon’s Chief Executive Officer, Nadir Ali, and Chief Financial Officer, Wendy Loundermon, will resign upon the Closing, effective as of the Closing Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1529113/000121390023059686/0001213900-23-059686-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"fe00f01291d44b04fc15f8a6946e32fa8423c24f","claim":"XTI Aerospace, Inc. entered into Agreement and Plan of Merger with XTI Aircraft Company valued at Merger consideration includes exchange of XTI common stock for Inpixon common stock based on Exchang (effective 2023-07-24).","evidence_excerpt":"On July 24, 2023, Inpixon, a Nevada corporation (“Inpixon”), entered into an Agreement and Plan of Merger (as it may be amended from time to time, the “Merger Agreement”) by and among Inpixon, Superfly Merger Sub Inc., a Delaware corporation and a wholly -owned subsidiary of Inpixon (“Merger Sub”), and XTI Aircraft Company, a Delaware corporation (“XTI”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1529113/000121390023059686/0001213900-23-059686-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"XTI Aircraft Company"},{"label":"Value","value":"Merger consideration includes exchange of XTI common stock for Inpixon common stock based on Exchang"},{"label":"Effective","value":"2023-07-24"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}