#USA #Englewood #XTI Aerospace #TriFan 600 #aircraft solutions

XTI Aerospace's Public Offering Announcement

On March 27, 2025, XTI Aerospace, Inc. (Nasdaq: XTIA), a leading figure in vertical takeoff and landing (VTOL) and powered-lift aircraft innovations, revealed its plans to pursue a public offering of its common stock. This offering aims to provide the company with essential funding for operational needs and to facilitate the repayment of its existing secured promissory notes.

Offering Details

The company will sell shares of common stock and pre-funded warrants, along with additional warrants, under an underwritten public offering. The specifics regarding the offering's size and terms will be dependent on market conditions, and the completion of the offering cannot be guaranteed.

Use of Proceeds

XTI Aerospace intends to allocate the net proceeds from this offering primarily toward general operational activities and settling outstanding secured notes. Such usage of funds is crucial for maintaining the company's liquidity and supporting its project developments.

Management and Underwriting

ThinkEquity has been designated as the sole book-running manager for the public offering, indicating a significant endorsement of the company’s credibility and potential for growth. The securities involved will be offered following a registration statement filed with the U.S. Securities and Exchange Commission (SEC), ensuring compliance with regulatory standards.

Investor Information

For those interested in the details of the offering, a preliminary prospectus and accompanying base prospectus will be accessible through the SEC’s official website. XTI encourages potential investors to thoroughly review these documents, which will provide comprehensive insights into the offering and the company’s status.

Forward-Looking Statements

It is crucial to note that the announcement includes forward-looking statements as outlined under the U.S. Private Securities Litigation Reform Act of 1995. These statements, which involve anticipatory language regarding the offering’s completion, are subject to various risks and uncertainties that could result in actual outcomes differing from expectations.

XTI emphasizes that readers should be aware of and consider these risk factors as provided in the company's SEC filings, which outline the potential challenges and market conditions affecting the company’s operational landscape.

About XTI Aerospace

XTI Aerospace is based near Denver, Colorado, and is renowned for developing the TriFan 600, a pioneering aircraft that combines traditional flight capabilities with VTOL features. This state-of-the-art aircraft is set to transform the aviation industry with its impressive speed and operational range, establishing a new category called the vertical lift crossover airplane (VLCA).

Additionally, the company’s Inpixon unit specializes in real-time location systems technology utilized in industrial environments to enhance productivity and safety. To keep up with the latest updates on XTI Aerospace, interested individuals can visit XTIAerospace.com or follow them on various social media platforms including LinkedIn and Instagram.

Conclusion

XTI Aerospace's planned public offering signifies its ongoing commitment to innovation in aviation technology while addressing vital financial needs. As the industry evolves, XTI stands at the forefront, shaping the future of air travel through advanced engineering and strategic financial management.