Unusual Machines Inc. has invested $25 million in XTI Aerospace, Inc., a Nevada-based drone company. The investment was made through the purchase of 25,000 shares of XTI's newly designated Series 10 Convertible Preferred Stock as part of a private placement. Under the agreement, XTI will file a registration statement covering the resale of the shares of common stock underlying the Series 10 Preferred Stock. The transaction includes provisions for pre-funded warrants and restrictions related to beneficial ownership limits.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Unusual Machines Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-25-008442), on November 14, 2025, and is solely responsible for the information contained therein.
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