secwatch.observer — SEC 8-K summary
======================================

Issuer:     XTI Aerospace, Inc. (XTIA)
CIK:        0001529113
Form:       8-K/A
Filed at:   2026-02-09T23:59:59+00:00
Accession:  0001213900-26-013674
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XTI Aerospace completes Inpixon sale; pro forma shows combined Drone Nerds revenue $79.8M in 9M 2025
--------------------------------------------------------------------------------

- Pro forma net loss attributable to common stockholders of $31.7M for 9M 2025 and $34.3M for FY 2024.
- Combined revenue of $79.8M (9M 2025) and $111.2M (FY 2024) entirely from Drone Nerds acquisition.
- Acquisition of Drone Nerds valued at $40M: $20M cash, $10.3M notes, $9.7M Class B Units.
- Inpixon Business disposed on Feb 3, 2026; its revenue and costs removed from pro forma statements.
- Subsequent financing: $25M private placement with Unusual Machines (UMAC) in Series 10 Preferred.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529113/000121390026013674/0001213900-26-013674-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529113/000121390026013674/ea0276054-8ka1_xtiaero.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-013674

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