---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-106085"
form_type: "8-K"
ticker: "XTIA"
cik: "0001529113"
company_name: "XTI Aerospace, Inc."
filed_at: "2024-12-05T23:59:59+00:00"
generated_at: "2026-05-29T07:14:27.196351+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# XTI Aerospace issues 41.3M shares to convert preferred stock and settle consulting debt

## Summary
- Issued 19,961,587 shares at ~$0.0447 each in exchange for cancellation of 850 Series 9 Preferred shares ($892,500 stated value).
- Issued 21,345,967 fully vested shares at $0.0476 each to former CEO/consultant Nadir Ali to satisfy $1,875,000 owed under consulting agreement.
- Total common shares outstanding as of Dec 5, 2024: 272,724,231; new issuances represent ~15% dilution.
- Both issuances are exempt from registration under Sections 3(a)(9) and S-8 respectively.
- Stock used as currency to settle obligations, indicating potential cash constraints.

## SEC filing metadata
- accession: 0001213900-24-106085
- form_type: 8-K
- ticker: XTIA
- cik: 0001529113
- company_name: XTI Aerospace, Inc.
- filed_at: 2024-12-05T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529113/000121390024106085/0001213900-24-106085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529113/000121390024106085/ea0223827-8k_xtiaero.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-106085
- JSON: https://secwatch.observer/filing/0001213900-24-106085.json
- Plain text: https://secwatch.observer/filing/0001213900-24-106085.txt

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