<a href="https://laohu8.com/S/XTIA">XTI</a> Aerospace Inc. and Chardan Capital Markets Reach Settlement, Ending Arbitration Dispute Without Payments
XTI Aerospace Inc. has resolved its legal dispute with Chardan Capital Markets LLC through a settlement agreement. The litigation stemmed from an engagement letter dated June 7, 2022, which led to arbitration initiated by Chardan against XTI Aerospace and its subsidiary, XTI Aircraft Company. A U.S. District Court ruling in January 2025 had previously enjoined Chardan from prosecuting the arbitration against XTI Aerospace, declaring no duty to arbitrate with them. The settlement, finalized on July 8, 2025, includes a mutual release of all claims between the parties and a stipulation to dismiss the arbitration claims with prejudice, without any financial payments exchanged. The engagement letter has been terminated, bringing the matter to a close.
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