Gainey Mckenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against XTI Aerospace, Inc. (XTIA)

(MENAFN- GlobeNewsWire - Nasdaq) NEW YORK, Aug. 31, 2026 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired XTI Aerospace, Inc. (“XTI” or the“Company”) (NASDAQ: XTIA) securities between April 15, 2026 and August 17, 2026, inclusive (the“Class Period”).

The Complaint alleges that Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors 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 of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Investors who purchased or otherwise acquired shares of XTI should contact the Firm prior to the October 27, 2026 lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at ... or ....

Please visit our website at for more information about the firm.

MENAFN31082026004107003653ID1111602153