---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-096181"
form_type: "8-K"
ticker: "XTIA"
cik: "0001529113"
company_name: "XTI Aerospace, Inc."
filed_at: "2023-12-15T23:59:59+00:00"
generated_at: "2026-06-07T11:51:45.981096+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Inpixon receives ~$2.52M from warrant exercise inducement; issues new warrants

## Summary
- 55M existing warrants exercised at reduced price of $0.0513 per share (from $0.10).
- Gross proceeds of $2,520,427.88; net proceeds for working capital and corporate purposes.
- Company issues new warrants for up to 100% of exercised shares, exercise price $0.07324, exercisable for 5 years subject to shareholder approval.
- Exercise price for unexercised existing warrants reduced to $0.07324 per share.
- Joseph Gunnar & Co. acts as placement agent; cash fee of 5.5% of gross proceeds.

## SEC filing metadata
- accession: 0001213900-23-096181
- form_type: 8-K
- ticker: XTIA
- cik: 0001529113
- company_name: XTI Aerospace, Inc.
- filed_at: 2023-12-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529113/000121390023096181/0001213900-23-096181-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529113/000121390023096181/ea190173-8k_inpixon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-096181
- JSON: https://secwatch.observer/filing/0001213900-23-096181.json
- Plain text: https://secwatch.observer/filing/0001213900-23-096181.txt

## Key facts
- Material Agreements
  XTI Aerospace, Inc. entered into Warrant Inducement Letter Agreements with holders of Common Stock Purchase Warrants issued May 17, 2023 and reissued December 15, 2023 valued at Gross proceeds of $2,520,427.88 from exercise of 55,000,000 Existing Warrants at reduced exercise pr (effective 2023-12-15).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: holders of Common Stock Purchase Warrants issued May 17, 2023 and reissued December 15, 2023
  - Value: Gross proceeds of $2,520,427.88 from exercise of 55,000,000 Existing Warrants at reduced exercise pr
  - Effective: 2023-12-15
  source text: On December 15, 2023, Inpixon (the “Company”) entered into warrant inducement letter agreements (the “Inducement Agreements”) with the holders (including their respective successors and assigns, the “Holders”) of the Common Stock Purchase Warrants issued by the Company on May 17, 2023 and reissued on December 15, 2023, as applicable (as amended on June 20, 2023, the “Existing Warrants”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1529113/000121390023096181/0001213900-23-096181-index.htm
- Material Agreements
  XTI Aerospace, Inc. entered into Engagement Agreement with Placement Agent with Joseph Gunnar & Co., LLC valued at Cash fee of 5.5% of aggregate gross proceeds from warrant exercise; expense reimbursement up to $25, (effective 2023-12-13).
  - Action: entry
  - Counterparty: Joseph Gunnar & Co., LLC
  - Value: Cash fee of 5.5% of aggregate gross proceeds from warrant exercise; expense reimbursement up to $25,
  - Effective: 2023-12-13
  source text: The Company engaged Joseph Gunnar & Co., LLC as the exclusive placement agent (the “Placement Agent”) in connection with the Inducement Agreements pursuant to an engagement agreement, dated December 13, 2023, by and between the Company and the Placement Agent, and agreed to pay the Placement Agent a cash fee equal to 5.5% of the aggregate gross proceeds received from the Holders’ exercise of their Existing Warrants in the Warrant Exercise and to reimburse the Placement Agent up to $25,000 for expenses (inclusive of legal fees) in connection therewith.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1529113/000121390023096181/0001213900-23-096181-index.htm

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