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 capital, general corporate purposes, and development of the TriFan 600 airplane. ThinkEquity is acting as sole placement agent.

To view the full press release, visit https://ibn.fm/D10GB

About XTI Aerospace, Inc.

XTI Aerospace (XTIAerospace.com) (NASDAQ: XTIA) is the parent company of XTI Aircraft Company, an aviation business based near Denver, Colorado , currently developing the TriFan 600, a fixed-wing business aircraft designed to have the vertical takeoff and landing (VTOL) capability of a helicopter, maximum cruising speeds of over 300 mph and a range up to 1,000 miles, creating an entirely new category – the xVTOL. Additionally, the Inpixon (inpixon.com) business unit of XTI Aerospace is a leader in real-time location systems (RTLS) technology with customers around the world who use the Company’s location intelligence solutions in factories and other industrial facilities to help optimize operations, increase productivity, and enhance safety. For more information about XTI, please visit XTIAerospace.com and follow XTI on LinkedIn, Instagram, X, and YouTube.

For more information, please visit the Company’s website: https://xtiaerospace.com/

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from TechMediaWire, text “TECH” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.TechMediaWire.com

Please see full terms of use and disclaimers on the TechMediaWire website applicable to all content provided by TMW, wherever published or re-published: https://www.TechMediaWire.com/Disclaimer

TechMediaWire
Austin, Texas
www.TechMediaWire.com
512.354.7000 Office
Editor@TechMediaWire.com

TechMediaWire is powered by IBN

TechMediaWire

Share
Published by
TechMediaWire

Recent Posts

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Receive $1.5 Million Grant Through NSF Project to Strengthen U.S. Quantum Computing Leadership

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company…

17 hours ago

TechMediaBreaks – Perpetuals.com Ltd. (NASDAQ: PDC) UpsideOnly Surpasses 100,000 Users Weeks After Launch

Perpetuals.com (NASDAQ: PDC) announced that its UpsideOnly risk-free trading and market prediction platform has surpassed 100,000 registered users…

19 hours ago

TechMediaBreaks – Nightfood Holdings Inc. (OTCQB: NGTF) Featured in NetworkNewsAudio Editorial on AI Infrastructure Spending

Nightfood Holdings (OTCQB: NGTF) is featured in a new NetworkNewsAudio Audio Press Release titled, "AI Infrastructure Spending Creates New…

19 hours ago

TechMediaBreaks – Datavault AI Inc. (NASDAQ: DVLT) Dream Bowl Meme Coin Begins Trading on Biconomy Exchange

Datavault AI (NASDAQ: DVLT) announced that its Dream Bowl I Meme Coin tokens have commenced…

20 hours ago

TechMediaBreaks – A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) Extends $20 Million Share Repurchase Program Through Year-End

A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) announced that its board of directors has extended the…

21 hours ago

TechMediaBreaks – Redwood AI Corp. (CSE: AIRX) (OTCQB: RDWCF) (Frankfurt: Y0N, WKN: A422EZ) Added to CSE25 Index

This article has been disseminated on behalf of Redwood AI Corp. and may include paid…

22 hours ago