XTI Aerospace Announces Public Offering of Common Stock and Warrants

XTI Aerospace has announced plans to offer shares of common stock and warrants in a public offering, subject to market conditions. The company has not guaranteed the success of the offering and there is no assurance that it will be completed.

Englewood, Colorado, September 10, 2025 — XTI Aerospace, Inc. (Nasdaq: XTIA), a leading innovator in next-generation xVTOL and powered-lift aircraft solutions, has announced its intention to offer shares of common stock and warrants in a best-efforts public offering. The offering is subject to market conditions and there is no assurance as to whether or when it may be completed or as to the actual size or terms of the offering XTI Aerospace Announces Proposed Public Offering^[1].

The company intends to use the net proceeds from the offering for working capital and other general corporate purposes, including the development of the TriFan 600 airplane. Additionally, a portion of the net proceeds may be used to invest in or acquire businesses or technologies, although there are no current commitments or obligations to do so XTI Aerospace Announces Proposed Public Offering^[1].

The securities will be offered and sold pursuant to a shelf registration statement on Form S-3 (File No. 333-289194), which was filed with the U.S. Securities and Exchange Commission (SEC) on August 1, 2025, and declared effective on August 12, 2025 XTI Aerospace Announces Proposed Public Offering^[1]. ThinkEquity is acting as the sole placement agent for the offering.

The public offering signals potential dilution for existing shareholders, as new shares and warrants would reduce current investors' ownership percentage and potentially impact the stock price. The inclusion of warrants suggests a multi-stage dilution scenario that could continue beyond the immediate offering XTI Aerospace Announces Proposed Public Offering^[3].

The timing of the offering aligns with the company's recent S-3 shelf registration filing, indicating that this capital raise has been planned for several weeks. Aerospace development requires substantial capital, and this offering appears to be part of XTI's funding strategy for continuing its innovative aircraft programs XTI Aerospace Announces Proposed Public Offering^[3].

Investors are urged to carefully review the preliminary prospectus supplement and the accompanying base prospectus, which provide more information about the company and the offering. These documents are available on the SEC's website at www.sec.gov or from the offices of ThinkEquity, 17 State Street, 41st Floor, New York, New York 10004 XTI Aerospace Announces Proposed Public Offering^[1].

About XTI Aerospace, Inc.
XTI Aerospace (XTIAerospace.com) is the parent company of XTI Aircraft Company, an aviation business based near Denver, Colorado. The company is 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 XTI Aerospace Announces Proposed Public Offering^[1]. Additionally, the Inpixon business unit of XTI Aerospace is a leader in real-time location systems (RTLS) technology, with customers around the world using the Company's location intelligence solutions in factories and other industrial facilities to help optimize operations, increase productivity, and enhance safety XTI Aerospace Announces Proposed Public Offering^[1].

Forward Looking Statements
The press release contains forward-looking statements, including statements regarding the completion, timing, and size of the offering and its anticipated use of net proceeds from the offering. These statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements XTI Aerospace Announces Proposed Public Offering^[1].