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Offering Summary
Company | : | XTI Aircraft Company |
Corporate Address | : | 2209 Green Oaks Lane, Englewood, CO 80121 |
Offering Minimum | : | $9,999.00 |
Offering Maximum | : | $1,069,999.50 |
Minimum Investment Amount(per investor) | : | $450.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 6,666 |
Maximum Number of Shares Offered | : | 713,333 |
Price per Share | : | $1.50 |
Pre-Money Valuation | : | $51,470,577.00 |
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below
Bonus shares based on timing
If you invest in the first 30 days you get 10% bonus shares
If you invest in the second 30 days you get 5% bonus shares
Bonus shares based on amount invested
If you invest over $2,500 you get 5% bonus shares
If you invest over $5,000 you get 10% bonus shares
If you invest over $10,000 you get 15% bonus shares
The 10% Bonus for StartEngine Shareholders
XTI Aircraft Company will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $1.50 / share, you will receive 110 Common Stock shares, meaning you'll own 110 shares for $150. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Irregular Use of Proceeds
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Most recent fiscal year-end:
Prior fiscal year-end:
Risks
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
XTI CFO Sarita Jha
TriFan 600 Prototype
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