secwatch.observer — SEC 8-K summary
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Issuer:     XTI Aerospace, Inc. (XTIA)
CIK:        0001529113
Form:       8-K
Filed at:   2025-09-15T23:59:59+00:00
Accession:  0001213900-25-087390
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XTI Aerospace prices $20M public offering of common stock and warrants
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- Best-efforts offering of 12.5M shares (or pre-funded warrants) and 12.5M common warrants at $1.60 combined price.
- Gross proceeds $20M; net proceeds estimated at ~$18.1M after fees and expenses.
- Net proceeds to fund working capital and development of TriFan 600 aircraft.
- Closing expected September 15, 2025; ThinkEquity LLC acting as sole placement agent.
- Common warrants exercisable at $2.00 per share, expire five years from issuance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529113/000121390025087390/0001213900-25-087390-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529113/000121390025087390/ea0257228-8k_xtiaero.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-087390

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