SC 13G - XTI Aerospace, Inc. (0001529113) (Subject)
SC 13G - XTI Aerospace, Inc. (0001529113) (Subject)
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Michael Tapp Named Advisory Board Chairman and Senior Advisor Newly Formed Advisory Board to Help Evaluate Strategic Opportunities ENGLEWOOD, Colo., Sept. 11, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) today announced formation of the XTI Corporate Advisory Board and the appointment of Michael Tapp as its Chairman. Mr. Tapp is an operating partner for Palingen Capital, an evergreen holding company that acquires lower middle market businesses from legacy-minded owners. Mr. Tapp will also serve as a Senior Advisor to the Company. "We have begun an exciting new phas
ENGLEWOOD, Colo., May 15, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI Aerospace" or the "Company") today announced that it has appointed Ms. Tensie Axton, a senior finance and strategic planning executive, to serve on the Company's Board of Directors (the "Board") and to serve as Chair of the Board's Nominating and Corporate Governance Committee and as a member of the Board's Audit Committee and the Board's Compensation Committee, effective May 13, 2024. Tensie Axton has over thirty years of experience in start-up and high-growth businesses, capital markets, b
Michael Tapp Named Advisory Board Chairman and Senior Advisor Newly Formed Advisory Board to Help Evaluate Strategic Opportunities ENGLEWOOD, Colo., Sept. 11, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) today announced formation of the XTI Corporate Advisory Board and the appointment of Michael Tapp as its Chairman. Mr. Tapp is an operating partner for Palingen Capital, an evergreen holding company that acquires lower middle market businesses from legacy-minded owners. Mr. Tapp will also serve as a Senior Advisor to the Company. "We have begun an exciting new phas
ENGLEWOOD, Colo., Aug. 14, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI Aerospace" or the "Company") today announces a business update and the filing of its quarterly report on Form 10-Q for the quarter ended June 30, 2024. "We continue to advance the development of the TriFan 600, a fixed-wing, vertical lift crossover aircraft uniquely designed to meet the needs of the evolving aviation industry and its customers," said Scott Pomeroy, CEO of XTI Aerospace. "In the second quarter, XTI Aerospace and AVX Aircraft Company ("AVX"), a leader in advanced vertical lif
ENGLEWOOD, Colo., Aug. 5, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) today unveiled its new corporate video showcasing the TriFan 600, a fixed-wing vertical takeoff and landing (VTOL) aircraft currently in development. The video is available on the company's website at https://xtiaerospace.com/. Scott Pomeroy, CEO of XTI, commented, "We are excited to share this new corporate video hosted by David Brody, the founder of XTI Aircraft. At XTI Aerospace, we're turning the impossible into reality and believe we have the potential to revolutionize aviation with our state
XTI Aerospace, Inc. (NASDAQ:XTIA) announced a strategic equity investment agreement with FC Imperial Limited, an affiliate of the FinExic Concordia Group, for up to $55 million in convertible preferred stock. The investment values XTI at $275 million post-money and aims to accelerate the development of its innovative TriFan aircraft. Anindya Chakraborty, leading the investment structuring for the Investment Consortium, said, “The Trifan is unique and perhaps the most efficient, practical, versatile and commercially viable VTOL aircraft with clear attributes of ushering in a game changing reality to the aviation industry.” The investment will support several key milestones, including
Investment Expected to Significantly Accelerate Development of Revolutionary TriFan 600 Long-Range Civilian Fixed-Wing VTOL Business Aircraft, if Successfully Consummated
4 - XTI Aerospace, Inc. (0001529113) (Issuer)
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8-K - XTI Aerospace, Inc. (0001529113) (Filer)
8-K - XTI Aerospace, Inc. (0001529113) (Filer)
8-K - XTI Aerospace, Inc. (0001529113) (Filer)
XTI Aerospace Began Trading on the Nasdaq Under Ticker "XTIA" on March 13, 2024 Following Successful Merger ENGLEWOOD, Colo., April 16, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI Aerospace" or the "Company") announces filing its form 10-K for the 2023 fiscal year as well as provides a recap of recent achievements. Recent Highlights: Completed merger with Inpixon on March 12, 2024Began trading on the Nasdaq Capital Market under ticker "XTIA" on March 13, 2024Hosted business update presentation on March 25, 2024Scott Pomeroy, chief executive officer of XTI Ae