XTI Aerospace Raises $20M, Shares Plummet 20% to $1.60

XTI Aerospace has priced a $20M offering, selling 12.5M shares and warrants at $1.60 per share. The warrants have an exercise price of $2.00 per share. The company's stock price has slumped 20% following the announcement.

Englewood, Colo.-based XTI Aerospace has priced its public offering at $1.60 per share, raising $20 million. The offering includes 12.5 million shares and warrants, priced at $1.60 and $2.00, respectively. The warrants are exercisable for up to five years following the date of issuance. The company plans to use the funds primarily for the development of its TriFan 600 airplane XTI Aerospace Slides After Pricing of Public Offering^[1].

Following the announcement, XTI's stock price fell by 25%, trading at $1.52. The stock has been under significant pressure in 2025, with a 86% decline since the beginning of the year and a 97% drop over the last 52 weeks XTI Aerospace Slides After Pricing of Public Offering^[1].

XTI's offering comes amidst a strong week for IPOs, with Gemini Space Station's stock soaring 22% above its offering price and generating an additional $400 million in value for its founders, the Winklevoss twins Winklevoss twins score $3 billion payday as crypto-trading company Gemini's stock soars^[2]. The IPO market has been fueled by a backlog of companies that have grown in private markets and a backdrop of stocks trading at or near record territory.

The IPO market's recent activity underscores the strong demand for new issues, particularly in the crypto sector. The Renaissance IPO exchange-traded fund has run up 20% in 2025, reflecting robust interest in new listings Winklevoss twins score $3 billion payday as crypto-trading company Gemini's stock soars^[2].

Despite the market's enthusiasm for new offerings, investors should exercise caution when evaluating XTI's prospects. The company's stock has been under significant pressure, and its offering price is below its recent trading price and far below its price a year ago. Furthermore, XTI's stock has slumped 20% following the announcement, indicating that the market may be skeptical about the company's ability to capitalize on the IPO funds.

In conclusion, while XTI's public offering has raised $20 million, the market's reaction suggests that investors are cautious about the company's prospects. The strong IPO market in 2025, however, may provide opportunities for investors to capitalize on new listings.