XTI Aerospace Receives Nasdaq Notice for Late Q2 2026 10‑Q Filing

What Happened

• XTI Aerospace, Inc. announced it received a notice from Nasdaq on August 26, 2026 stating it is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not filed its Quarterly Report on Form 10‑Q for the quarter ended June 30, 2026.
• The company previously filed a Form 12b‑25 on August 17, 2026 disclosing it could not timely file the 10‑Q due to an internal review related to the resignation of its former CEO on August 17, 2026. XTI issued a press release on August 31, 2026 announcing the Nasdaq notice.

Key Details

• Nasdaq gave XTI 60 days from the August 26, 2026 notice—until October 26, 2026—to submit a plan to regain compliance.
• If Nasdaq accepts a compliance plan, it may grant an exception up to 180 days from the original due date (potentially until February 22, 2027); any periodic reports due during that exception must be filed by the end of the exception period.
• The notice does not have an immediate effect on the listing of XTI’s common stock on the Nasdaq Capital Market.
• XTI stated it cannot estimate when the internal review will be completed or when the Form 10‑Q will be filed.

Why It Matters

• For investors, the filing delay and Nasdaq noncompliance notice raise a short‑term listing and disclosure risk: failure to file the 10‑Q or to regain compliance could lead to delisting proceedings.
• The matter centers on corporate governance and the company’s ability to complete its internal review and provide timely quarterly results (earnings/quarterly report). XTI’s statement is factual—no assurance was given that Nasdaq will accept any plan or that an appeal would succeed.