XTI Aerospace Updates Shareholders on 2025 Strategy to Strengthen Leadership in Aviation Innovation and Announces Share Consolidation
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XTI Aerospace, Inc. (NASDAQ: XTIA) announced a 1-for-250 share consolidation as part of its 2025 strategy to strengthen its balance sheet, increase stock price, and regain Nasdaq compliance.
January 07, 2025 | 5:00 pm
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XTI Aerospace is implementing a 1-for-250 share consolidation to strengthen its balance sheet, increase stock price, and regain Nasdaq compliance.
The share consolidation is a significant move to increase the stock price and meet Nasdaq's minimum bid price requirement, which is crucial for maintaining its listing. This action is part of a broader strategy to position the company for long-term growth, indicating a positive short-term impact on the stock price.
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