XTI Aerospace Secures $16 Million Through Public Offering

Author: Evelyn Baker Updated: 06-24-2025 09:39 PM

XTI Aerospace Secures Funding Through Public Offering

XTI Aerospace, Inc. (NASDAQ: XTIA) is making significant strides towards advancing its innovative xVTOL aircraft solutions with the announcement of a public offering. This move comes with the pricing of an underwritten public offering that aims to raise approximately $16 million. The company is known for its pioneering efforts in developing powered-lift aircraft, and this funding will bolster its current projects and future endeavors.

Details of the Offering

The company disclosed that it will offer approximately 9,143,000 shares of common stock along with an equal number of warrants, providing investors the opportunity to participate at a price of $1.75 per share. Each Common Warrant will be immediately exercisable at $2.00 per share and will remain valid for five years from the issuance date. In addition, XTI Aerospace has included an option for underwriters to purchase up to 1,371,000 common shares to address over-allotments, providing flexibility and further funding potential.

Use of Proceeds

XTI Aerospace plans to utilize the net proceeds from this offering primarily for working capital and general corporate purposes. This includes the continued development of the TriFan 600 airplane, a remarkable innovation that combines horizontal flight with vertical takeoff and landing capabilities.

Background on XTI Aerospace, Inc.

XTI Aerospace, Inc. stands at the forefront of aviation innovation, focused on creating cutting-edge solutions that reshape the future of air travel. Located near Denver, Colorado, XTI is dedicated to launching the TriFan 600, a fixed-wing business jet that aims to redefine the boundaries of speed and versatility in aviation.

About the TriFan 600

The TriFan 600 is designed to meet the growing demand for faster travel while offering the flexibility of VTOL capabilities. With anticipated cruising speeds exceeding 300 mph and a range of over 1,000 miles, it's set to create a new class of aircraft in the xVTOL category.

Location Intelligence Solutions

Beyond aerospace, XTI Aerospace's Inpixon division excels in real-time location systems (RTLS) technology. This innovative branch provides location intelligence solutions that efficiently optimize operations within various industrial settings worldwide, enhancing safety and productivity.

Market Position and Future Prospects

As they navigate through the challenging environment of the aviation market, the public offering serves as a key strategic move for XTI Aerospace. Securing $16 million will provide a robust foundation for their objectives, supporting initiatives in both aircraft development and location intelligence technology integration.

Frequently Asked Questions

What is the purpose of the public offering by XTI Aerospace?

The public offering aims to raise funds for working capital and supporting the development of the TriFan 600 airplane, along with other corporate purposes.

How many shares and warrants are being offered?

XTI Aerospace is offering approximately 9,143,000 shares of common stock and 9,143,000 warrants in this public offering.

What is the exercise price of the Common Warrants?

The exercise price for each Common Warrant is set at $2.00 per warrant, which can be exercised immediately.

What impact will this funding have on XTI Aerospace?

This funding will significantly enhance XTI Aerospace's ability to develop advanced aircraft technologies and its location intelligence solutions for industrial applications.

How can investors participate in this offering?

Investors can participate by purchasing shares at the offered pricing through their brokers who have access to public offerings.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

Contact Evelyn Baker privately here. Or send an email with ATTN: Evelyn Baker as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.