---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-23-009096"
form_type: "8-K"
ticker: "XERI"
cik: "0001481504"
company_name: "XERIANT, INC."
filed_at: "2023-12-12T23:59:59+00:00"
generated_at: "2026-06-07T14:07:05.532087+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Xeriant sues XTI Aircraft for fraud, seeks over $500M and injunction to block merger with Inpixon

## Summary
- Suit filed in SDNY (Case 1:23-cv-10656); claims XTI fraudulently induced $5.5M investment in TriFan 600 eVTOL.
- Xeriant alleges 50% ownership of TriFan 600 IP under joint venture; XTI misrepresented development stage.
- Seeks compensatory damages >$500M, punitive damages, and an injunction to halt XTI's impending merger with Inpixon (INPX).
- Alleges XTI lacked viable designs and used false $1.3B pre-order claim to induce investment.
- Xeriant claims XTI breached agreements by unilaterally using shared IP to secure debt financing for the Inpixon merger.

## SEC filing metadata
- accession: 0001477932-23-009096
- form_type: 8-K
- ticker: XERI
- cik: 0001481504
- company_name: XERIANT, INC.
- filed_at: 2023-12-12T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1481504/000147793223009096/0001477932-23-009096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1481504/000147793223009096/xeri_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-23-009096
- JSON: https://secwatch.observer/filing/0001477932-23-009096.json
- Plain text: https://secwatch.observer/filing/0001477932-23-009096.txt

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