---
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"
generated_at: "2026-05-16T11:03:50.937945+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# XTI converts $25M preferred; issues 1.72M shares + warrant for 15.3M shares; CSO Arthur gets $600k salary, 1.5M options

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.02, 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-003002
- JSON: https://secwatch.observer/filing/0001213900-26-003002.json
- Plain text: https://secwatch.observer/filing/0001213900-26-003002.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.