secwatch.observer — SEC 8-K summary
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Issuer:     XTI Aerospace, Inc. (XTIA)
CIK:        0001529113
Form:       8-K
Filed at:   2026-01-02T23:59:59+00:00
Accession:  0001213900-26-000495
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XTI Aerospace enters new CEO/CFO employment agreements; awards stock options totaling 4M+ shares
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- CEO Pomeroy gets $800k base, up to 150% quarterly bonus, $350k continuation bonus; CFO Turk gets $600k base, up to 100% bonus, $250k continuation bonus.
- Stock options: CEO 2.62M shares, CFO 1.51M shares at $1.26; 1/3 vest immediately, rest quarterly over 2 years.
- At Dec 30 annual meeting, shareholders approved issuance of >20% of common stock for financing (Proposal 3).
- Clinton Weber elected Class II director; CBIZ CPAs ratified as auditor.
- Series 10 Preferred automatically converted to common stock upon stockholder approval, subject to beneficial ownership limitation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529113/000121390026000495/0001213900-26-000495-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529113/000121390026000495/ea0271502-8k_xtiaero.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-000495

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