A class action lawsuit has been filed on behalf of shareholders who purchased or otherwise acquired XTI Aerospace, Inc. (NASDAQ: XTIA) securities between April 15, 2026 and August 17, 2026. The Law Offices of Frank R. Cruz said investors have until October 27, 2026 to file a lead plaintiff motion. On August 17, 2026, after the market closed, XTI said it could not timely file its Form 10-Q while completing an internal review of its former Chief Executive Officer, who resigned that day, and related corporate governance matters. XTI shares fell $0.25, or 15.9%, to close at $1.32 on August 18, 2026, on unusually heavy trading volume. The complaint alleges that during the class period defendants made materially false or misleading statements and failed to disclose that senior executives had engaged in undisclosed activities requiring Board review, that disclosure controls and procedures were in doubt, and that the company would be unable to timely file earnings reports, leaving positive statements about its business without a reasonable basis.