{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-016458","form_type":"8-K","ticker":"XTIA","cik":"0001529113","company_name":"XTI Aerospace, Inc.","filed_at":"2024-02-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.510652+00:00","generated_at":"2026-06-05T16:59:19.494260+00:00","sec_items":["1.01","2.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Inpixon divests Grafiti LLC (Saves, Shoom, GYG) to CEO for $1M; updates XTI merger pro formas","bullets":["Entered Equity Purchase Agreement on Feb 16, 2024 to sell 100% of Grafiti LLC to Grafiti Group LLC, controlled by CEO Nadir Ali, for minimum $1M in two annual $500k installments.","Divestiture closed Feb 21, 2024, covering Saves, Shoom, and Game Your Game businesses as required Solutions Divestiture prior to XTI merger.","Updated pro forma financials for Inpixon-XTI merger reflect 1:100 reverse stock split, debt/liabilities conversion into equity, and proposed XTI equity financing.","Merger accounted for as reverse acquisition with XTI as accounting acquirer; goodwill and intangibles based on preliminary estimates."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-016458","json":"https://secwatch.observer/filing/0001213900-24-016458.json","markdown":"https://secwatch.observer/filing/0001213900-24-016458.md","text":"https://secwatch.observer/filing/0001213900-24-016458.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1529113/000121390024016458/0001213900-24-016458-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1529113/000121390024016458/ea0200243-8k425_inpixon.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T16:59:19.494260+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":"15c0c215f06dce5aacf13f6aaa426f09b42cc109","claim":"XTI Aerospace, Inc. completed a disposition involving Grafiti Group LLC for $1,000,000 (closed 2024-02-21).","evidence_excerpt":"Inpixon Limited. Pursuant to the Equity Purchase Agreement, Purchaser will purchase from Inpixon 100% of the equity interest in Grafiti LLC for a minimum purchase price of $1,000,000 paid in two annual cash installments of $500,000 due within 60 days after December 31, 2024 and 2025. The purchase price and annual cash installment payments will be (i) increased","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1529113/000121390024016458/0001213900-24-016458-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Grafiti Group LLC"},{"label":"Consideration","value":"$1,000,000"},{"label":"Closing","value":"2024-02-21"}],"fact_type":"ma_transaction"},{"claim_id":"799d885408414b33633b88ab614e87008fadf933","claim":"XTI Aerospace, Inc. entered into Equity Purchase Agreement with Grafiti Group LLC valued at minimum purchase price of $1,000,000 paid in two annual cash installments of $500,000 (effective 2024-02-16).","evidence_excerpt":"As part of the Solutions Divestiture, on February 16 , 2024, Inpixon entered into an Equity Purchase Agreement (the “Equity Purchase Agreement”) to divest the businesses held by Grafiti LLC, a wholly-owned subsidiary of Inpixon (the “Covered Business”), by transferring 100% of the equity interest in Grafiti LLC to Grafiti Group LLC (“Purchaser”), a holding company controlled by Inpixon’s director and Chief Executive Officer, Nadir Ali.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1529113/000121390024016458/0001213900-24-016458-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Grafiti Group LLC"},{"label":"Value","value":"minimum purchase price of $1,000,000 paid in two annual cash installments of $500,000"},{"label":"Effective","value":"2024-02-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}