secwatch.observer — SEC 8-K summary
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Issuer:     XTI Aerospace, Inc. (XTIA)
CIK:        0001529113
Form:       8-K
Filed at:   2024-01-03T23:59:59+00:00
Accession:  0001213900-24-000868
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.01, 9.01, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Inpixon issues 17.5M shares to noteholders, extends ATM facility, establishes liquidating trust for Grafiti spin-off
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- Issued 4,478,660 shares at $0.0556 for $249,013 of July 2022 note; issued 13,000,000 shares at $0.0556 for $722,800 of Dec 2022 note.
- Extended equity distribution agreement with Maxim Group LLC through Dec 31, 2024.
- Transferred Grafiti shares to liquidating trust; distribution to stockholders upon SEC registration effectiveness or liquidation by Dec 2026.
- Amended XTI promissory note extending maturity from Dec 31, 2023 to Jan 30, 2024.
- Total shares outstanding post-issuance: 194,298,358 as of Jan 3, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529113/000121390024000868/0001213900-24-000868-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529113/000121390024000868/ea191043-8k_inpixon.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-000868

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer