XTI Aerospace Board Changes Prompt Nasdaq Compliance Rush

An announcement from XTI Aerospace (XTIA) is now available.

Leonard Oppenheim has stepped down from his position on the Board of Directors of XTI Aerospace, Inc. for personal reasons, not due to any disagreement with the company’s operations or policies. This resignation has left the company out of compliance with Nasdaq’s independent director and audit committee requirements. Nasdaq has granted XTI Aerospace a cure period to rectify the situation by appointing an additional independent director, which the company plans to do before the deadline to regain compliance with the listing rules.

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