secwatch.observer — SEC 8-K summary
======================================

Issuer:     XTI Aerospace, Inc. (XTIA)
CIK:        0001529113
Form:       8-K
Filed at:   2025-04-04T23:59:59+00:00
Accession:  0001213900-25-029050
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XTI Aerospace repays $2.72M in secured notes to Streeterville using offering proceeds
--------------------------------------------------------------------------------

- Repaid $2,719,456.85 to Streeterville Capital, LLC, covering principal, accrued interest, prepayment premium, and fees.
- Notes originated on May 1 and May 24, 2024, were secured promissory notes.
- Repayment funded from net proceeds of firm commitment underwritten public offering with ThinkEquity LLC.
- Streeterville released all security interests and liens held in connection with the notes.
- Transaction terminated material debt agreement effective March 31, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529113/000121390025029050/0001213900-25-029050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529113/000121390025029050/ea0237260-8k_xtiaero.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-029050

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