secwatch.observer — SEC 8-K summary
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Issuer:     XTI Aerospace, Inc. (XTIA)
CIK:        0001529113
Form:       8-K
Filed at:   2026-02-04T23:59:59+00:00
Accession:  0001213900-26-012273
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XTI sells Inpixon unit for EUR 4.6M, eliminates EUR 15.6M loan; appoints former Mesa CEO Ornstein to board
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529113/000121390026012273/0001213900-26-012273-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529113/000121390026012273/ea0275493-8k_xtiaero.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-012273

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