{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-003002","form_type":"8-K","ticker":"XTIA","cik":"0001529113","company_name":"XTI Aerospace, Inc.","filed_at":"2026-01-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.340454+00:00","generated_at":"2026-05-16T11:03:50.937945+00:00","sec_items":["3.02","5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"XTI converts $25M preferred; issues 1.72M shares + warrant for 15.3M shares; CSO Arthur gets $600k salary, 1.5M options","bullets":["Automatic conversion of Series 10 Convertible Preferred Stock (purchased by Unusual Machines for $25M) into common stock at $1.492/share.","On Jan 5, 2026, issued 1,721,980 shares to Unusual Machines and a pre-funded warrant for 15,307,735 shares at $0.0001 exercise price.","Total common shares outstanding after conversion: 34,508,796 (including the new shares).","New employment agreement with CSO Tobin Arthur: $600k base salary, continuation bonus of $250k, and options to purchase 1,512,200 shares at $1.58.","Options vest immediately one-third, balance over 2 years; agreement effective Jan 5, 2026, initial term 3 years."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-003002","json":"https://secwatch.observer/filing/0001213900-26-003002.json","markdown":"https://secwatch.observer/filing/0001213900-26-003002.md","text":"https://secwatch.observer/filing/0001213900-26-003002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1529113/000121390026003002/0001213900-26-003002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1529113/000121390026003002/ea0272127-8k_xtiaero.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:03:50.937945+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}