XTI Aerospace, Inc. NASDAQ: XTIA

A securities class action has been filed on behalf of investors who purchased or otherwise acquired XTI Aerospace, Inc. (“XTI Aerospace” or the “Company”) (NASDAQ: XTIA) securities between April 15, 2026 and August 17, 2026, inclusive (the “Class Period”). XTI Aerospace is an aerospace and advanced technology company.

The complaint alleges that XTI Aerospace misled investors regarding the effectiveness of its disclosure controls and procedures. Specifically, defendants failed to disclose that: (1) senior executives had engaged in certain undisclosed activities; (2) these activities required Board review; (3) there was reason to doubt the effectiveness of the Company's disclosure controls and procedures; (4) as a result, the Company would be unable to timely file its earnings reports; and (5) as a result, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On August 17, 2026, after the market closed, XTI Aerospace revealed it could not timely file its Form 10-Q because, among other things, it was “in the process of completing an internal review of the Registrant's former Chief Executive Officer, who resigned on August 17, 2026, and other related corporate governance matters.” On this news, XTI Aerospace's stock fell $0.25 per share, or 15.9%, to close at $1.32 on August 18, 2026, on unusually heavy trading volume.