Highest-materiality recent filing
XTI Aerospace CEO Pomeroy resigns amid internal review; Schneiderman named interim CEO
Pomeroy resigned Aug 17, 2026 as Chairman/CEO; receives $200K separation and immediate vesting of 2M stock options.
XTI Aerospace dismisses CBIZ, appoints KPMG as independent auditor; no disagreements
Dismissed CBIZ CPAs P.C. as principal accountants effective June 26, 2026.
XTI Aerospace Q1 2026 revenue $27.7M; targets breakeven cash flow by Q3 2026
Q1 2026 revenue $27.7M; gross profit $5.1M (18.6% margin).
XTI Aerospace Q4 rev $22.5M actual / $41.7M pro forma; guides FY26 ≥$160M
Actual Q4 2025 rev $22.5M, gross profit $4.9M (21.9% margin); pro forma rev $41.7M.
XTI Aerospace forms XTI Drones - Defense, LLC as new subsidiary
On March 11, 2026, XTI Drones, LLC filed a Certificate of Formation in Texas for XTI Drones - Defense, LLC.
XTI subsidiary Drone Nerds secures $20M JPMorgan ABL facility
ABL facility provides up to $20M revolving borrowing base on AR and inventory, matures Feb 11, 2029.
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.
XTI Aerospace projects FY2026 revenue of $160M+, positive monthly cash flow by year-end
Projected FY2026 revenue of $160M+ with 30%+ growth rate; revenue per employee >$1.2M.
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.
XTI files Drone Nerds financials: net income $8.3M (9mo 2025) vs $2.6M
Drone Nerds nine-month sales $79.8M (down 5.4% YoY); gross profit $18.6M (up 36.6%).
Automatic conversion of Series 10 Convertible Preferred Stock (purchased by Unusual Machines for $25M) into common stock at $1.492/share.
XTI Aerospace enters new CEO/CFO employment agreements; awards stock options totaling 4M+ shares
CEO Pomeroy gets $800k base, up to 150% quarterly bonus, $350k continuation bonus; CFO Turk gets $600k base, up to 100% bonus, $250k continuation bonus.
XTI Aerospace posts new investor presentation for upcoming meetings
Presentation posted to IR website on December 4, 2025.
XTI Aerospace Q3 cash $32.2M; post-quarter buys Drone Nerds and gets $25M from UMAC
Cash and equivalents $32.2M at Sep 30, 2025, up from $4.1M at Dec 31, 2024; equity $10.5M.
XTI Aerospace postpones 2025 Annual Meeting from Nov 14 to Dec 30
Annual Meeting originally Nov 14, 2025 postponed to Dec 30, 2025 at 10:00 a.m. PT, virtual format.
XTI Aerospace acquires Drone Nerds & Anzu Robotics for ~$39M; raises $25M PIPE from Unusual Machines
Acquired 100% of Drone Nerds for $16.7M cash, $10.98M note, and $8.96M in Class B units.
XTI Aerospace updates investor presentation; TriFan 600 specs and new partnerships highlighted
TriFan 600 targets 311 mph cruise, 1,000+ mile range, 7 occupants, 25,000 ft pressurized cabin.
XTI Aerospace invests $2M in Valkyrie, launches Vanguard Platform for TriFan 600 VTOL
$2M convertible note to Valkyrie Sciences; 10% interest, maturity Dec 31, 2026, convertible on qualified financing or sale.
Board extended post-termination exercise period from 3 months to option expiration date for CEO Scott Pomeroy and RTLS CEO Soumya Das.
XTI Aerospace sets Nov 14, 2025 annual meeting; Sept 27 deadline for shareholder proposals
2025 Annual Meeting of Stockholders scheduled for November 14, 2025, as a virtual meeting.
XTI Aerospace prices $20M public offering of common stock and warrants
Best-efforts offering of 12.5M shares (or pre-funded warrants) and 12.5M common warrants at $1.60 combined price.
XTI Aerospace appoints Michael A. Tapp COO; base salary $600K, 1.6M options
Michael A. Tapp appointed COO effective Sept 1, 2025; employment agreement includes $600K base salary and performance bonuses up to 100% of base.
XTI Aerospace forms wholly-owned drone subsidiary, XTI Drones, LLC
Filed Certificate of Formation in Texas for new subsidiary XTI Drones, LLC on September 10, 2025.
XTI Aerospace appoints Michael A. Tapp as COO; grants stock options to executives
Michael A. Tapp appointed COO effective Sept 1, 2025; base salary $600,000, eligible for quarterly bonuses up to 100% of salary.
XTI Aerospace board amends 2018 equity plan, authorizes CFO to grant 10M shares
Board approved amended 2018 Employee Stock Incentive Plan on Aug 18, 2025, incorporating all prior amendments and adding officer delegation authority.
XTI Aerospace adopts amended bylaws with advance notice, exclusive forum clauses
Advance notice provisions for stockholder director nominations and business proposals.
XTI Aerospace reports Q2 cash of $20M, TriFan 600 development milestones; no revenue
Cash and cash equivalents $20.0M at June 30, 2025, up from $4.1M at year-end 2024.
XTI Aerospace settles arbitration with Chardan; no payments made
Settlement on July 8, 2025 with mutual releases; no payments exchanged.
XTI Aerospace closes partial over-allotment exercise; total offering raised $18.4M
Over-allotment exercised for 151,005 shares at $1.75/share, completing full exercise of option.
XTI Aerospace closes partial over-allotment, adds 1.22M shares at $1.75
Over-allotment exercised for 1,219,995 shares at $1.75/share, closed July 7, 2025.
XTI Aerospace raises $16M in public offering of common stock and warrants
Offered 9.14M shares (or pre-funded warrants) and 9.14M common warrants at $1.75/unit.
XTI Aerospace updates on TriFan 600 milestones and market positioning at Shareholder Town Hall
TriFan 600 achieved FAA certification application, downwash/outwash study, and fuel system optimization milestones.
XTI Aerospace reports Q1; cash up $3.9M; eliminates legacy debt; FAA cert application accepted
Cash and equivalents rose ~$3.9M to ~$8M; net working capital up ~$8.9M.
XTI Aerospace post-effective amendment for warrant shares effective April 29, 2025
Post-effective amendment to Form S-3/S-1 (File 333-279901) declared effective April 29, 2025.
XTI Aerospace appoints CBIZ as new auditor after Marcum attest business acquisition
Audit committee approved CBIZ as independent registered public accounting firm effective April 21, 2025.
XTI Aerospace updates corporate presentation: $3.0B potential orders, $100M capital raise planned
140 conditional purchase orders and 154 non-binding reservations/options for TriFan 600, representing $3.0B potential revenue.
XTI Aerospace repays $2.72M in secured notes to Streeterville using offering proceeds
Repaid $2,719,456.85 to Streeterville Capital, LLC, covering principal, accrued interest, prepayment premium, and fees.
XTI Aerospace prices $4M public offering of stock, pre-funded and common warrants
Underwriting agreement with ThinkEquity on March 28 for firm commitment offering at $1.36 per unit.
XTI Aerospace settles with former CEO; to pay ~$3.9M for stock redemption and terminations
Redeems 1,164 shares of Series 9 Preferred Stock for $1,251,651.
XTI Aerospace preliminary FY2024 revenue $3.2M, operating expenses $38.9M; auditor changed to CBIZ
Q4 2024 revenue estimated at $1.0M; full-year $3.2M; operating expenses $10.6M Q4, $38.9M FY.
XTI Aerospace authorizes up to $5M share repurchase program
Up to $5M in common stock buyback authorized; initial term of 12 months (extendable to 18).
Issued 180,847 shares to Streeterville Capital at $2.48-$3.34 per share in exchange for reducing $500,000 of outstanding secured promissory note.
XTI Aerospace exchanges $250k note for 59,382 shares; authorized to raise $10M via ATM
Exchanged $250k secured note for 59,382 common shares at $4.21/share, reducing note principal.
XTI Aerospace regains Nasdaq minimum bid price compliance
Received formal notification from Nasdaq confirming compliance with Listing Rule 5550(a)(2).
XTI Aerospace raises $20M in stock offering, cuts liabilities, advances TriFan 600
Raised $20M gross proceeds from sale of common stock at $13.75/share (post 1-for-250 reverse split).
XTI Aerospace sets 1-for-250 reverse split, prices $20M offering at $0.055/share
Reverse stock split at 1-for-250 effective 12:01 a.m. ET on Jan 10, 2025; no fractional shares, rounded up.
XTI Aerospace shareholders reject authorized share increase to 1B, approve reverse stock split
Proposal to increase authorized common stock to 1B shares rejected: 73.3M for, 17.4M against.
XTI shareholders approve reverse stock split for Nasdaq compliance; reject authorized share increase
Proposal 4 approved: reverse stock split at ratio 1:2 to 1:250, board discretion, for Nasdaq compliance.
XTI Aerospace issues 16.99M common shares in exchange for Series 9 Preferred shares
Issued 16,990,659 common shares to cancel 701.121 Series 9 Preferred shares valued at $736,177.
XTI Aerospace issues 41.3M shares to convert preferred stock and settle consulting debt
Issued 19,961,587 shares at ~$0.0447 each in exchange for cancellation of 850 Series 9 Preferred shares ($892,500 stated value).
the Company announced that, effective as of October 28, 2024, the board of directors (the “Board”) of the Company appointed Jennifer Gaines as the Company’s Chief Legal Officer.
On September 23, 2024, XTI Aerospace, Inc. (the “Company”) announced that, effective as of September 19, 2024, the board of directors (the “Board”) of the Company appointed Tobin Arthur as the Company’s Chief Strategy Officer.
Ms. Axton’s appointment fills the vacancy created by the resignation of Leonard Oppenheim.
Effective as of May 13, 2024, the Board of Directors (the “Board”) of XTI Aerospace, Inc. (the “Company”) appointed Tensie Axton to the Board as a Class III director
Leonard Oppenheim resigned from the Board of Directors (the “Board”) of XTI Aerospace, Inc. (the “Company”), including all committees thereof and any other positions held with the Company or any of its subsidiaries, effective as of March 31, 2024.
Mr. Nadir Ali and Ms. Wendy Loundermon resigned as Chief Executive Officer and Chief Financial Officer of the Company, respectively.
the board of directors of the Company (the "Board") appointed Mr. Scott Pomeroy as Chief Executive Officer of the Company and Ms. Brooke Martellaro as Chief Financial Officer of the Company.
the Board appointed Messrs. Scott Pomeroy, Soumya Das and David Brody as directors to the Board.
the Board appointed Messrs. Scott Pomeroy, Soumya Das and David Brody as directors to the Board.
the Board appointed Messrs. Scott Pomeroy, Soumya Das and David Brody as directors to the Board.
Mr. Nadir Ali and Ms. Wendy Loundermon resigned as Chief Executive Officer and Chief Financial Officer of the Company, respectively.
Messrs. Nadir Ali and Tanveer Khader and Ms. Wendy Loundermon resigned as directors of the Company.
Max materiality 0.85 · Median 0.60 · Most common event other_material