TechMediaBreaks – XTI Aerospace, Inc. (NASDAQ: XTIA) Prices $20 Million Public Offering of Common Stock and Warrants
XTI Aerospace (NASDAQ: XTIA), a pioneer in xVTOL and powered-lift aircraft solutions, announced the pricing of a best-efforts public offering of 12,500,000 shares of common stock (or pre-funded warrants in lieu thereof) and warrants to purchase up to 12,500,000 shares of common stock at a combined price of $1.60 per share and associated warrant. The warrants have an exercise price of $2.00 per share, are immediately exercisable, and will expire five years after issuance. Gross proceeds are expected to total $20 million before fees and expenses, with closing anticipated on Sept. 15, 2025. Net proceeds will be used for working…