XTI Aerospace Says It Became Aware That Chardan Capital Markets Had Filed Statement Of Claim With FINRA Against The Company Seeking $950K In Cash Payments - Filing
Portfolio Pulse from Benzinga Newsdesk
XTI Aerospace is facing a legal claim from Chardan Capital Markets, which has filed a statement with FINRA seeking $950,000 in cash payments. XTI Aerospace disputes the claim and plans to defend against it.
August 21, 2024 | 9:09 pm
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XTI Aerospace is involved in a legal dispute with Chardan Capital Markets, which claims $950,000 in cash payments. XTI plans to defend against the claim, which it considers meritless.
The legal claim by Chardan Capital Markets could lead to financial liabilities for XTI Aerospace if the claim is successful. The company's intention to defend the claim suggests potential legal costs and uncertainties, which may negatively impact investor sentiment in the short term.
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