XTI Aerospace, Inc. (Nasdaq: XTIA) intends to offer to sell shares of its common stock and warrants in a best-efforts public offering.
The net proceeds from the offering will be used for working capital, general corporate purposes, and the development of the TriFan 600 airplane.
ThinkEquity is acting as the sole placement agent for the offering.
Public Offering Announcement
XTI Aerospace plans to offer shares of its common stock and warrants in a public offering.
Use of Proceeds
The net proceeds will be used for working capital, general corporate purposes, and the development of the TriFan 600 airplane.
Placement Agent
ThinkEquity will serve as the sole placement agent for the offering.
- The offering will provide XTI Aerospace with necessary funds for its operations and development projects.
- Participation in the offering can offer investors an opportunity to support XTI Aerospace's advancements in aviation technology.
XTI Aerospace's proposed public offering signifies a strategic move to raise capital for its future growth and development.