What Does XTI Aerospace, Inc.'s 15.9% Stock Drop Mean for Investors? The Law Offices of Howard G. Smith Outlines Securities Fraud Class Action Lead Plaintiff Deadline

Suit alleges XTI Aerospace, Inc. failed to disclose key facts to investors from April 15, 2026 through August 17, 2026; lead plaintiff deadline is October 27, 2026

BENSALEM TOWNSHIP, Pa., Oct. 20, 2026 /PRNewswire/ -- The Law Offices of Howard G. Smith today reported that a securities class action lawsuit is pending against XTI Aerospace, Inc. ("XTI" or the "Company") (NASDAQ: XTIA) on behalf of investors who acquired its securities from April 15, 2026 through 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 with losses on XTI Aerospace, Inc. securities can contact the Law Offices of Howard G. Smith about the XTI Aerospace, Inc. lawsuit before the October 27, 2026 lead plaintiff deadline.

Key deadlines and dates for XTI Aerospace, Inc. investors

• Lead plaintiff deadline: October 27, 2026
• Class period: April 15, 2026 through August 17, 2026
• Complaint filed: August 28, 2026

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 lawsuit against XTI Aerospace, Inc. alleges that, among other things, the Company failed to tell investors that senior executives had engaged in certain undisclosed activities. XTI Aerospace, Inc. investors who bought during the class period may be able to pursue their losses, and the October 27, 2026 deadline is where that process begins," said Howard G. Smith of The Law Offices of Howard G. Smith.

Next steps for XTI Aerospace, Inc. investors

XTI Aerospace, Inc. investors who suffered losses may contact The Law Offices of Howard G. Smith to learn about pursuing their claims.

Lead plaintiff motions in the XTI Aerospace, Inc. class action are due to the Court by October 27, 2026. For more information, visit the firm's website, email [email protected], or call (215) 638-4847.

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

Common questions from XTI Aerospace, Inc. investors

Who is eligible? Investors who acquired XTI Aerospace, Inc. securities from April 15, 2026 through August 17, 2026 and suffered losses may qualify for the class in the XTI Aerospace, Inc. shareholder lawsuit.

What is the deadline? Lead plaintiff motions in the XTI Aerospace, Inc. case are due by October 27, 2026.

Can I recover without being lead plaintiff? Yes, XTI Aerospace, Inc. investors may take no action and remain absent class members.

Does it cost anything? The Law Offices of Howard G. Smith works on contingency, so investors pay no attorneys' fees unless there is a recovery, and any fees require court approval.

About The Law Offices of Howard G. Smith

The Law Offices of Howard G. Smith has helped injured investors recover their money for more than 15 years. The firm prosecutes securities fraud, takeover, and derivative litigation against public companies and their officers, directors, and advisors in federal and state courts nationwide, and has helped clients recover hundreds of millions of dollars in losses. Clients speak directly with a lawyer, who will promptly answer any question.

Prior results do not guarantee a similar outcome.

Related links

• XTI Aerospace, Inc. case page, The Law Offices of Howard G. Smith
• Complaint: Noalan v. XTI Aerospace, Inc., et al., U.S. District Court for the Southern District of New York
• Form NT 10-Q
• XTI Aerospace, Inc. SEC filings index, EDGAR
• The Law Offices of Howard G. Smith

Contact
Howard G. Smith
The Law Offices of Howard G. Smith
3070 Bristol Pike, Suite 112
Bensalem, PA 19020
Email: [email protected] 
Telephone: (215) 638-4847
www.howardsmithlaw.com

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

SOURCE Law Offices of Howard G. Smith