XTI Aerospace: issues preliminary Q2 2026 results; internal review complete

What happened

• On Oct 13, 2026, XTI Aerospace, Inc. announced a press release with preliminary unaudited financial results for the quarter ended Jun 30, 2026.
• The filing reports that a board committee composed entirely of independent directors, represented by independent counsel, completed an internal review that the company said found "no financial misstatements discovered" and that the company is "on track to report second quarter results later in Oct 2026." The filing also notes the company’s former chief executive officer resigned on Aug 17, 2026.

Key details

• The preliminary results are the company’s preliminary estimates based on currently available information and are subject to completion of the company’s financial closing procedures.
• The company cautioned that its financial closing procedures for the quarter ended Jun 30, 2026 are not yet complete and actual results may vary from the preliminary estimates.
• The internal review was initiated in Jul 2026 and was conducted by a committee of independent directors represented by independent counsel.
• The company stated it undertakes no obligation to publicly update or revise the preliminary estimates except as required by law.

Why it may matter

• Item 2.02 was reported (results of operations and financial condition), covering the company’s preliminary unaudited Q2 2026 financial results and the company’s statements about those preliminary estimates.
• Item 8.01 was reported (other events), covering completion of the internal review by the independent directors and the review’s conclusion that no financial misstatements were discovered.
  A filing does not show why the insider traded or why the company acted.