Core Points - XTI Aerospace has regained compliance with Nasdaq's minimum bid price requirement, confirming that its common stock has maintained a bid price of $1.00 or greater for over 10 consecutive business days [1][3][4] - The company attributes this achievement to its strategic initiatives aimed at driving growth and delivering long-term value to shareholders [3][4] - XTI Aerospace is focused on advancing its vertical takeoff and landing (VTOL) aircraft technology, specifically the development of the TriFan 600 aircraft [5] Company Overview - XTI Aerospace, Inc. is the parent company of XTI Aircraft Company, which is developing the TriFan 600, a fixed-wing business aircraft with VTOL capabilities, capable of speeds up to 345 mph and a range of 700 miles [5] - The company also includes Inpixon, a leader in real-time location systems technology, providing solutions to optimize operations and enhance safety in industrial facilities [5]
XTI Aerospace Regains Compliance with Nasdaq Listing Requirements