XTI Aerospace, Inc. Common Stock (XTIA)
XTI Aerospace, Inc. (XTIA) is a development-stage aerospace company focused on designing and manufacturing innovative, versatile aircraft. The company aims to create aircraft that combine the capabilities of traditional airplanes with the convenience of vertical takeoff and landing (VTOL) technology, targeting markets such as urban air mobility, private aviation, and military applications. XTIA is known for its TriFan series, which features hybrid-electric propulsion systems and aims to offer efficient, short-haul transportation solutions.
Company News
U.S. stock futures advanced on Wednesday, but the market has remained sluggish in the past few days. Christopher Wood from Jefferies expects Trump's inflationary policies to hurt the market, while analysts remain bullish on the long-term outlook.
XTI Aerospace, a computer programming services company, has been notified by Nasdaq that it no longer meets the minimum bid price requirement to remain listed on the exchange. The company has 180 days to regain compliance by maintaining a closing bid price of at least $1 per share for ten consecutive business days.