secwatch.observer — SEC 8-K summary
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Issuer:     XTI Aerospace, Inc. (XTIA)
CIK:        0001529113
Form:       8-K
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0001213900-24-108880
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

XTI Aerospace issues 16.99M common shares in exchange for Series 9 Preferred shares
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- Issued 16,990,659 common shares to cancel 701.121 Series 9 Preferred shares valued at $736,177.
- Effective price per common share between $0.0432 and $0.0435; no additional consideration paid.
- Exchange exempt from registration under Section 3(a)(9) of the Securities Act.
- As of Dec 13, 2024, total common shares outstanding: 294,438,948.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529113/000121390024108880/0001213900-24-108880-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529113/000121390024108880/ea0224788-8k_xtiaero.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-108880

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