XTI Aerospace, Inc.

XTI Aerospace, Inc. (the “ Registrant ”) has determined that it is unable to file its Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026 (the “ Form 10-Q ”) within the prescribed time period without unreasonable effort or expense because the Registrant is in the process of completing an internal review of the Registrant’s former Chief Executive Officer, who resigned on August 17, 2026, and other related corporate governance matters. The review is being conducted entirely by a committee of “independent directors” (the “ Committee ”) as defined by the Nasdaq Stock Market listing standards, as represented by independent counsel, and all parties are working diligently to complete the review, though a timeline has not yet been determined. The Registrant is in the process of evaluating the implications of the review on any disclosures, certifications, controls and governance matters, however the Registrant does not currently believe that the matters under review will affect any previously issued financial statements

XTI Aerospace, Inc. (the “Registrant”) has determined that it is unable to file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the “Form 10-K”) within the prescribed time period without unreasonable effort or expense. During the year ended December 31, 2025 and subsequently, the Registrant completed significant strategic transactions, including the acquisition of Drone Nerds, LLC and Anzu Robotics, LLC in November 2025 and the disposition of its legacy Inpixon real-time location systems business (the “Inpixon Business”) in February 2026. The accounting for these transactions, including the purchase price allocation for the acquisition, the evaluation and presentation of discontinued operations (including retrospective presentation), and related income tax impact, requires additional time to complete. The Registrant continues to work through these matters and expects to file the Form 10-K within the extension period of 15 calendar days as provided under Rule 12b-25

XTI Aerospace, Inc. (the “Registrant”) has determined that it is unable to file its Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2025 (the “Form 10-Q”) within the prescribed time period without unreasonable effort or expense. As previously disclosed, the Registrant completed its acquisitions of Drone Nerds, LLC and Anzu Robotics, LLC on November 10, 2025, and closed a private placement of its Series 10 convertible preferred stock on November 12, 2025. Although these transactions closed subsequent to the quarter ended September 30, 2025, they require complex accounting analyses and detailed subsequent events disclosures under U.S. GAAP, including the evaluation of the preliminary purchase accounting for the acquired businesses, the measurement of identifiable intangible assets, and the assessment of features associated with newly issued financial instruments. Additional time is required for the Registrant to complete its evaluation of the related accounting and disclosure requirements. The Registrant presently expects to file the Form 10-Q within the extension period of five calendar days as provided under Rule 12b-25

XTI Aerospace, Inc. (the “Registrant”) has determined that it is not able to file its quarterly report on Form 10-Q for the quarterly period ended March 31, 2025 (the “Form 10-Q”) within the prescribed time period without unreasonable effort or expense. The Registrant requires additional time to allow its auditors to complete the review of its condensed consolidated financial statements and related portions of the Form 10-Q, in light of the complex accounting treatment relating to certain financial instruments issued in connection with the recent underwritten public offering, which closed on March 31, 2025. The Registrant presently expects to file the Form 10-Q within the extension period of 5 calendar days as provided under Rule 12b-25

XTI Aerospace, Inc. (the “Registrant”) has determined that it is not able to file its annual report on Form 10-K for the year ended December 31, 2024 (the “Form 10-K”) within the prescribed time period without unreasonable effort or expense. The Registrant requires additional time to allow its auditors to complete the review of its consolidated financial statements and related portions of the Form 10-K, in light of the timing of its recent underwritten public offering, which closed on March 31, 2025. The Registrant presently expects to file the Form 10-K within the extension period of 15 calendar days as provided under Rule 12b-25

XTI Aerospace, Inc. (the “Company”) has determined that it is not able to file its Quarterly Report on Form 10-Q for the three months ended March 31, 2024 (the “Form 10-Q”) within the prescribed time period without unreasonable effort or expense because the Company requires additional time to complete the preparation of its condensed consolidated financial statements included in the Form 10-Q in light of the recent Merger described in Part IV below. The Company presently expects to file the Form 10-Q within the extension period of five calendar days as provided under Rule 12b-25

XTI Aerospace, Inc. (the “Registrant”) has determined that it is not able to file its annual report on Form 10-K for the year ended December 31, 2023 (the “Form 10-K”) within the prescribed time period without unreasonable efforts or expense. The Registrant requires additional time to allow its auditors to complete the review of its consolidated financial statements and related portions of the Form 10-K, in light of the timing of its acquisition of XTI Aircraft Company, which was completed on March 12, 2024 (the “Merger”), and the 1-for-100 reverse stock split of its outstanding shares of common stock effected immediately prior to the closing of the Merger. The Registrant presently expects to file the Form 10-K within the extension period of 15 calendar days as provided under Rule 12b-25. 2

Inpixon (the “Registrant” or the “Company”) has determined that it is not able to file its Quarterly Report on Form 10-Q for the nine months ended September 30, 2023 (the “Form 10-Q”) within the prescribed time period without unreasonable effort or expense. The Company requires additional time to allow its auditors to complete the review of its condensed consolidated financial statements for the required periods ended September 30, 2023. The Registrant presently expects to file the Form 10-Q within the extension period of five calendar days as provided under Rule 12b-25. 1

Inpixon (the “Registrant” or the “Company”) has determined that it is not able to file its quarterly report on Form 10-Q for the six months ended June 30, 2023 (the “Form 10-Q”) within the prescribed time period without unreasonable effort or expense. The Company requires additional time to allow its auditors to complete the review of its condensed consolidated financial statements for the required periods ended June 30, 2023. The Registrant presently expects to file the Form 10-Q within the extension period of five calendar days as provided under Rule 12b-25. 1

Inpixon (the “Registrant” or the “Company”) has determined that it is not able to file its quarterly report on Form 10-Q for the three months ended March 31, 2023 (the “Form 10-Q”) within the prescribed time period without unreasonable effort or expense. The Company requires additional time to finalize its financial statements and related disclosures as a result of the distribution and separation (the “Spin-off”) of CXApp Holding Corp. and its subsidiaries on March 14, 2023 and the additional accounting complexity the Spin-off has created in the preparation of its quarterly financial statements. The Registrant presently expects to file the Form 10-Q within the extension period of five calendar days as provided under Rule 12b-25. 1

As disclosed by Inpixon (the “Registrant” or the “Company”) in its Current Report on Form 8-K filed with the Securities and Exchange Commission on March 20, 2023, on March 14, 2023 the Registrant completed the distribution and separation (the “Spin-Off”) of CXApp Holding Corp. and its subsidiaries (“CXApp”). The Annual Report on Form 10-K for the fiscal year ended December 31, 2022 (the “Annual Report) will be the Company’s first annual report since the completion of the Spin-Off. Due to the timing of the completion of the Spin-Off and related carve-out audit required to be filed in connection with the closing of such transaction, the Company requires additional time to complete certain analyses and disclosures to be included in the Annual Report. As a result, the Registrant was unable to file its Annual Report by the prescribed filing date of March 31, 2023 without unreasonable effort or expense. 1