What's Next for XTI Aerospace, Inc. Shareholders After 15.9% Stock Drop? Glancy Prongay Wolke & Rotter LLP Explains Securities Fraud Class Action Lead Plaintiff Deadline

What's Next for XTI Aerospace, Inc. Shareholders After 15.9% Stock Drop? Glancy Prongay Wolke & Rotter LLP Explains Securities Fraud Class Action Lead Plaintiff Deadline Complaint alleges XTI Aerospace, Inc. misled investors between April 15, 2026 and August 17, 2026; investors may seek lead plaintiff role by October 27, 2026

LOS ANGELES, Oct. 19, 2026 /PRNewswire/ -- Glancy Prongay Wolke & Rotter LLP ("Glancy") announced today that the class action lawsuit covers investors who bought XTI Aerospace, Inc. ("XTI" or the "Company") (NASDAQ: XTIA) securities between April 15, 2026 and August 17, 2026. The XTI Aerospace, Inc. case, Noalan v. XTI Aerospace, Inc., et al., was filed on August 28, 2026 in the U.S. District Court for the Southern District of New York (Case No. 26-cv-07378).

Investors who suffered losses on XTI Aerospace, Inc. investments can submit their XTI Aerospace, Inc. loss information here before the October 27, 2026 lead plaintiff deadline.

Key dates in the XTI Aerospace, Inc. case

What happened?

On August 17, 2026, XTI Aerospace announced that it could not timely file its quarterly report on Form 10-Q because, among other things, it was completing an internal review of its former Chief Executive Officer, who resigned that same day, and of related corporate governance matters.

On this news, XTI Aerospace's stock price fell $0.25 per share, or 15.9%, to close at $1.32 per share on August 18, 2026, thereby injuring investors.

What is the XTI Aerospace, Inc. lawsuit about?

The XTI Aerospace, Inc. securities lawsuit alleges that, between April 15, 2026 and August 17, 2026, defendants made materially false and/or misleading statements and failed to disclose material adverse facts about XTI Aerospace, Inc.'s business, operations, and prospects. Specifically, the complaint alleges defendants failed to disclose that: (1) senior executives had engaged in certain undisclosed activities; (2) these activities required Board review; (3) there was reason to doubt the effectiveness of the Company's disclosure controls and procedures; (4) as a result, the Company would be unable to timely file its earnings reports; and (5) as a result, defendants' positive statements about XTI Aerospace, Inc.'s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

"The complaint filed against XTI Aerospace, Inc. alleges that, among other things, the Company failed to disclose that senior executives had engaged in certain undisclosed activities. For investors who bought during the class period, the October 27, 2026 deadline is the first major step in this case," said Charles H. Linehan, Partner at Glancy Prongay Wolke & Rotter LLP.

What's the next step?

Glancy Prongay Wolke & Rotter LLP is a leading national shareholder rights law firm, ready to assist XTI Aerospace, Inc. investors in potentially pursuing claims to recover their losses.

If you wish to serve as lead plaintiff in the XTI Aerospace, Inc. class action, you must move the Court no later than October 27, 2026. To learn more about your rights, visit the XTI Aerospace, Inc. case page, email [email protected], or call 310-201-9150 (toll-free: 888-773-9224).

You may retain counsel of your choice. If you bought XTI Aerospace, Inc. securities during the class period, you may take no action and remain an absent class member. No class has been certified yet in the XTI Aerospace, Inc. case.

Frequently Asked Questions

Who is eligible? Investors who purchased or otherwise acquired XTI Aerospace, Inc. securities between April 15, 2026 and August 17, 2026 and suffered losses may be members of the proposed class in the XTI Aerospace, Inc. shareholder lawsuit. Any class member may ask the court to appoint them lead plaintiff by October 27, 2026.

What is a lead plaintiff? In the XTI Aerospace, Inc. class action, the lead plaintiff is the investor, or group of investors, that the court appoints to represent all class members and oversee the case. Under the Private Securities Litigation Reform Act, courts generally presume the movant with the largest financial interest is the most adequate lead plaintiff.

Do I have to be lead plaintiff to recover? No. A XTI Aerospace, Inc. investor's ability to share in any future recovery does not depend on serving as lead plaintiff. XTI Aerospace, Inc. investors may take no action and remain absent class members.

What is the deadline? Motions to serve as lead plaintiff in the XTI Aerospace, Inc. class action must be filed by October 27, 2026.

Does it cost anything to contact Glancy or participate in this action? Glancy represents XTI Aerospace, Inc. investors on a contingency fee basis, which means investors pay no attorneys' fees unless there is a recovery. Any fees are subject to court approval and are paid from the recovery.

Can I choose my own lawyer? Yes. XTI Aerospace, Inc. investors may retain counsel of their choice.

Why work with Glancy on the XTI Aerospace, Inc. lawsuit? Glancy Prongay Wolke & Rotter LLP is a premier law firm with decades of experience representing investors and consumers in securities litigation and other complex class action litigation. Contact Glancy about the XTI Aerospace, Inc. lawsuit. Prior results do not guarantee a similar outcome.

About Glancy Prongay Wolke & Rotter LLP

Glancy was named one of Law360's Securities Groups of the Year and ranked second in total investor recoveries by ISS Securities Class Action Services in 2025.

Glancy's successes have been widely covered by leading news and industry publications, including The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron's, Investor's Business Daily, Forbes, and Money.

Prior results do not guarantee a similar outcome.