secwatch.observer — SEC 8-K summary
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Issuer:     XTI Aerospace, Inc. (XTIA)
CIK:        0001529113
Form:       8-K/A
Filed at:   2024-12-30T23:59:59+00:00
Accession:  0001213900-24-113490
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XTI Aerospace shareholders reject authorized share increase to 1B, approve reverse stock split
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- Proposal to increase authorized common stock to 1B shares rejected: 73.3M for, 17.4M against.
- Reverse stock split (ratio 1:2 to 1:250) approved: 74.1M for, 16.6M against. Board to set ratio.
- Directors Soumya Das and Scott Pomeroy elected as Class I directors until 2027.
- Ratification of Marcum LLP as auditor for FY 2024 approved (81.8M for).
- Approval of potential issuances under Nasdaq Rule 5635(d) passed (54.4M for).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529113/000121390024113490/0001213900-24-113490-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529113/000121390024113490/ea0226322-8ka1_xtiaero.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-113490

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