XTI Aerospace, Inc. (XTIA): M&A transaction — XTI sells Inpixon unit for EUR 4.6M, eliminates EUR 15.6M loan; appoints former Mesa CEO Ornstein to board

XTI Aerospace, Inc.

Inpixon indoor-positioning business sold to EVO 467. GmbH for EUR 4.64M ($5.475M); deferred payment at 5% interest, with unwind option in months 37–52.
Company eliminated EUR 13.2M ($15.6M) shareholder loan to Inpixon via capital contribution and waiver, no dollar split determined.
Soumya Das resigned as director and CEO of RTLS division; separation includes $312K salary, $300K bonus, $75K Q4 2025 bonus, and option vesting.
Jonathan Ornstein, former Mesa Air Group CEO/chairman, appointed Class I director, chairs Nominating & Governance Committee; also on Audit and Compensation.
Press release signals strategic pivot to drone market via Drone Nerds subsidiary and an active M&A-driven growth strategy.

item 1.01 item 2.01 item 5.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.97

XTI Aerospace, Inc. completed a disposition involving EVO 467. GmbH for EUR 4,640,000 (approx. $5,475,000) deferred purchase price, bearing 5% interest, with an Unwind Option (closed 2026-02-03).

Action: disposition
Counterparty: EVO 467. GmbH
Consideration: EUR 4,640,000 (approx. $5,475,000) deferred purchase price, bearing 5% interest, with an Unwind Option
Closing: 2026-02-03

Exact text from the filing

Company sold and assigned to the Purchaser all of the shares (the “Inpixon Shares”) of Inpixon GmbH, a German limited liability company (“Inpixon”), for a purchase price of EUR 4,640,000 (approximately $5,475,000 based on the exchange rate on the Signing Date) (the “Purchase Price”), the payment of which is deferred and subject to the Unwind Option, as described

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

XTI Aerospace, Inc. entered into Share Purchase and Transfer Agreement with EVO 467. GmbH valued at EUR 4,640,000 (approximately $5,475,000) (effective 2026-02-03).

Action: entry
Agreement: asset purchase
Counterparty: EVO 467. GmbH
Value: EUR 4,640,000 (approximately $5,475,000)
Effective: 2026-02-03

Exact text from the filing

On February 3, 2026 (the “Signing Date” and the “Closing Date”), XTI Aerospace, Inc. (the “Company”) completed the disposition of the Inpixon Business (as defined below) pursuant to a Share Purchase and Transfer Agreement (the “SPA”) entered into on the same date with EVO 467. GmbH, a German limited liability company (the “Purchaser”).

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XTI Aerospace, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-012273

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