XTI Aerospace Updates Shareholders on 2025 Strategy to Strengthen Leadership in Aviation Innovation and Announces Share Consolidation

ENGLEWOOD, Colo., Jan. 7, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ: XTIA) ("XTI" or the "Company"), a pioneer in advanced aircraft design, today provided an update for its shareholders regarding its 2025 strategic initiatives, which includes the implementation of a 1-for-250 consolidation of the Company's common stock, par value $0.001 per share (the "Common Stock"), as part of a broader strategy to strengthen its balance sheet and increase its stock price to not only regain compliance with Nasdaq's ...