XTI Aerospace Announces $16 Million Public Offering of Common Stock and Warrants

Reuters

06-25

XTI Aerospace Announces $16 Million Public Offering of Common Stock and Warrants

XTI Aerospace Inc., a leader in xVTOL and powered-lift aircraft solutions, has announced the pricing of a $16 million public offering. The offering includes 9,143,000 shares of common stock and 9,143,000 warrants to purchase common shares, each priced at $1.75. Each warrant is immediately exercisable at an exercise price of $2.00 per share and has a five-year expiry. The net proceeds are intended for working capital and the development of the TriFan 600 airplane. ThinkEquity is serving as the sole book-running manager for this offering.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XTI Aerospace Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: SF17936) on June 25, 2025, and is solely responsible for the information contained therein.

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