Extracted from this filing and checked against the source text.
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.95
XTI Aerospace, Inc. issued 1,721,980 shares of Common Stock of common stock to Unusual Machines, Inc. for conversion of $25,000,000 Series 10 Convertible Preferred Stock plus accrued dividends.
- Security
- common stock
- Shares
- 1,721,980 shares of Common Stock
- Purchaser
- Unusual Machines, Inc.
- Consideration
- conversion of $25,000,000 Series 10 Convertible Preferred Stock plus accrued dividends
Exact text from the filing
As a result of the automatic conversion of the Series 10 Preferred Stock, on January 5, 2026, the Company issued Unusual Machines 1,721,980 shares of Common Stock (the “Shares”) and a pre-funded warrant to purchase 15,307,735 shares of Common Stock (the “Pre-Funded Warrant” and the shares of Common Stock issuable upon exercise of the Pre-Funded Warrant, the “Pre-Funded Warrant Shares”).
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Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.95
XTI Aerospace, Inc. issued pre-funded warrant to purchase 15,307,735 shares of Common Stock of warrant to Unusual Machines, Inc. for issued in lieu of Common Stock due to beneficial ownership limitation; exercise price of $0.0001 per share deemed pre-paid as part of the Subscription Amount.
- Security
- warrant
- Shares
- pre-funded warrant to purchase 15,307,735 shares of Common Stock
- Purchaser
- Unusual Machines, Inc.
- Consideration
- issued in lieu of Common Stock due to beneficial ownership limitation; exercise price of $0.0001 per share deemed pre-paid as part of the Subscription Amount
Exact text from the filing
Stock. The Pre-Funded Warrant is immediately exercisable and may be exercised at any time until it is exercised in full. The Pre-Funded Warrant has an exercise price of $0.0001 per share, provided that such exercise price is deemed pre-paid as part of the Subscription Amount. The Pre-Funded Warrant may not be exercised if the holder thereof (together
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