{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-099390","form_type":"8-K","ticker":"XTIA","cik":"0001529113","company_name":"XTI Aerospace, Inc.","filed_at":"2024-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.705260+00:00","generated_at":"2026-05-29T23:00:31.063365+00:00","sec_items":["1.01","2.01","3.03","5.02","5.08","8.01","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"XTI Aerospace enters $5M ATM increase, pays $486K to former CEO, waives future subsidiary sale income","bullets":["Authorized additional $5M ATM sales; 20% of proceeds (15% Streeterville, 5% 3AM) used to redeem Series 9 Preferred Stock.","Agreed to pay Nadir Ali $426K severance and $60K consulting fee by Nov 19, 2024; waived past breaches under employment/consulting agreements.","Waived future Net Income After Taxes payments from Grafiti sale under Equity Purchase Agreement, effective immediately.","TriFan 600 conceptual design review nearing completion; preliminary design review targeted for early 2025.","Damon Motors business combination closed; XTI shareholders received Damon shares via 1-for-50 distribution (previously announced)."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-099390","json":"https://secwatch.observer/filing/0001213900-24-099390.json","markdown":"https://secwatch.observer/filing/0001213900-24-099390.md","text":"https://secwatch.observer/filing/0001213900-24-099390.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1529113/000121390024099390/0001213900-24-099390-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1529113/000121390024099390/ea0221391-8k_xtiaero.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T23:00:31.063365+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}