XTI Aerospace, Inc. Common Stock - Common Stock (XTIA)

XTI Aerospace (NASDAQ: XTIA), a pioneer in xVTOL and powered-lift aircraft solutions, announced the pricing of a best-efforts public offering of 12,500,000 shares of common stock (or pre-funded warrants in lieu thereof) and warrants to purchase up to 12,500,000 shares of common stock at a combined price of $1.60 per share and associated warrant. The warrants have an exercise price of $2.00 per share, are immediately exercisable, and will expire five years after issuance. Gross proceeds are expected to total $20 million before fees and expenses, with closing anticipated on Sept. 15, 2025. Net proceeds will be used for working capital, general corporate purposes, and development of the TriFan 600 airplane. ThinkEquity is acting as sole placement agent.

Peraso Inc. (NASDAQ: PRSO), a leader in millimeter wave (mmWave) wireless technology, has announced the initial production shipments of its next-gen 60 GHz wireless communication platform, marking a major step into the global tactical communications and battlefield safety market.

XTI Aerospace (NASDAQ: XTIA), a developer of vertical takeoff and landing (“VTOL”) aircraft, has closed a public offering of 2,941,200 shares of common stock (or pre-funded warrants) and an equal number of accompanying warrants at a combined offering price of $1.36 per unit. The five-year warrants are immediately exercisable at the same price. Gross proceeds totaled approximately $4 million before expenses, which the company will use for general working capital and to repay outstanding secured promissory notes.

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As markets shift toward high-impact, innovative solutions, November 2024 highlights several exciting microcap stocks that show strong growth potential and unique value propositions. From biotech breakthroughs to sustainable tech, here are seven small-cap companies that are making waves.

NEW YORK, NY / ACCESSWIRE / June 6, 2024 / Today the MicroCap Rodeo - Spring into Summer will take place in-person on Thursday, June 6th, 2024 and host the executive management teams of 25 microcap companies.

PHOENIX, June 05, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today provided additional detail around its holdings in XTI Aerospace, Inc. (“XTI Aerospace”), which is developing the TriFan 600, a unique, fixed-wing vertical lift crossover airplane (VLCA) that can take off and land like a helicopter and is configurable to transport up to six passengers.

Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued a comprehensive evaluation of XTI Aerospace, Inc. the parent company of XTI Aircraft Company, an aviation business based near Denver, Colorado.