Aerospace Company Signs Capital Distribution Agreement: Up to $55M Proposal

XTI Aerospace, Inc. (NASDAQ: XTIA) ("XTI" or the "Company") recently announced an important development: an agreement with FC Imperial Limited ("FCIL"), an affiliate of FinExic Concordia Group ("FCG" or "Investor Consortium"), for a proposed equity investment of up to $55 million. This investment involves shares of convertible preferred stock at a post-money valuation of $275 million. This capital influx is major for XTI, a company that has been on the cutting edge of vertical take-off and landing (VTOL) aircraft technology. $XTI Aerospace(XTIA.US)$