XTI Aerospace Announces Proposed Public Offering for Working Capital and TriFan 600 Development

XTI Aerospace plans a public offering of common stock and warrants to raise funds for working capital, the development of its TriFan 600 airplane, and potential acquisitions or investments. The company will use the net proceeds for general corporate purposes and may invest in or acquire businesses or technologies. ThinkEquity is acting as the sole placement agent for the offering, which is subject to market conditions and regulatory approvals.