XTI Aerospace delays Q2 10-Q filing amid internal review of former CEO

XTI Aerospace filed a Form 12b-25 to delay its quarterly Form 10-Q for the period ended June 30, 2026.

The delay is tied to an internal review of the former CEO, who resigned Aug. 17, 2026, plus related corporate governance matters. The review is being run by a committee of independent directors with independent counsel, and no timeline was provided.

The company said it does not currently expect the review to affect previously issued financial statements.

The filing is expected to flag going-concern doubt for 12 months following the anticipated issuance date of the Form 10-Q.