---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-091993"
form_type: "8-K"
ticker: "XTIA"
cik: "0001529113"
company_name: "XTI Aerospace, Inc."
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:13:20.546316+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# XTI Aerospace issues 3.66M common shares in preferred exchange; names new CLO

## Summary
- Issued 3,662,790 common shares at $0.086 each in exchange for 300 shares of Series 9 Preferred with $315,000 stated value.
- Total outstanding shares increased to 68,380,698 after the exchange.
- Appointed Jennifer Gaines as Chief Legal Officer effective Oct 28, 2024, with base salary $300K and bonus up to 60%.
- Granted initial stock options for 1,171,875 shares at $0.473 exercise price, vesting 1/3 annually over 3 years.

## SEC filing metadata
- accession: 0001213900-24-091993
- form_type: 8-K
- ticker: XTIA
- cik: 0001529113
- company_name: XTI Aerospace, Inc.
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529113/000121390024091993/0001213900-24-091993-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529113/000121390024091993/ea0219127-8k_xtiaero.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-091993
- JSON: https://secwatch.observer/filing/0001213900-24-091993.json
- Plain text: https://secwatch.observer/filing/0001213900-24-091993.txt

## Key facts
- Executive change
  Jennifer Gaines was appointed as Chief Legal Officer at XTI Aerospace, Inc..
  - Action: appointed
  - Role: Chief Legal Officer
  source text: the Company announced that, effective as of October 28, 2024, the board of directors (the “Board”) of the Company appointed Jennifer Gaines as the Company’s Chief Legal Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1529113/000121390024091993/0001213900-24-091993-index.htm

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