XTI Aerospace, Inc. has acquired Drone Nerds, Inc. and its subsidiaries in a transaction valued at approximately $40 million, consisting of cash, equity, and notes payable. In connection with the acquisition, Drone Nerds completed a reorganization to simplify its legal and tax structure, converting into a Florida limited liability company prior to the transaction. The deal included a $10.5 million deposit to fully collateralize Drone Nerds’ outstanding line of credit and support working capital needs during the finalization of the acquisition.
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. XTI Aerospace 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: 0001213900-26-004167), on January 14, 2026, and is solely responsible for the information contained therein.
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