Sunday, April 14, 2024 10:01:47 PM
That's right if they did send the letter of default for not making the $1 mil that was to be made immediately game over for XTI.
Still avoided the part that XTI was NEVER to receive any equity but only CASH for their contributions.
Just another change to the agreement. LOLOL
5.2.???????????Further Contributions, Interest on Capital, JV Percentages and Withdrawal of Capital Contributions. There shall be no required capital contributions other than as expressly set forth in this Agreement. No Party shall have the right to make voluntary capital contributions to the JV, other than as expressly set forth in this Agreement, without the prior written consent of the other Party. There shall be no interest payable on any capital contributions made to the JV. No Party shall have the right or power to (a) withdraw or reduce such capital contribution except as a result of the dissolution of the JV or as otherwise provided by law, or (b) demand or receive property other than cash in return for its contribution.
Recent XTIA News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/04/2024 09:15:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/02/2024 09:20:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/23/2024 09:14:02 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 09/23/2024 09:13:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/23/2024 08:20:12 PM
- XTI Aerospace Appoints Tobin Arthur as Chief Strategy Officer • PR Newswire (US) • 09/23/2024 08:10:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/11/2024 01:29:27 PM
- XTI Aerospace Forms Corporate Advisory Board • PR Newswire (US) • 09/11/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/21/2024 09:00:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2024 09:27:01 PM
- XTI Aerospace Provides Second Quarter 2024 Business Update • PR Newswire (US) • 08/14/2024 09:20:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 09:05:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 09:17:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/06/2024 09:28:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/05/2024 01:00:08 PM
- XTI Aerospace Unveils New Corporate Video • PR Newswire (US) • 08/05/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/12/2024 09:00:11 PM
- Form RW - Registration Withdrawal Request • Edgar (US Regulatory) • 07/09/2024 12:00:08 PM
- XTI Aerospace Signs Capital Distribution Agreement for Proposed Investment of up to $55 Million at $275 Million Valuation • PR Newswire (US) • 07/01/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 10:24:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 10:23:54 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 10:23:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 10:22:46 PM
- Form S-3/A - Registration statement under Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 06/14/2024 09:30:23 PM
FEATURED CBD Life Sciences, Inc. (CBDL) Reaches Unprecedented Heights With Explosive Growth and Strategic Expansion in 2024 • Oct 8, 2024 8:00 AM
BNCM COMPLETES MERGER WITH DELEX HEALTHCARE • BNCM • Oct 8, 2024 9:54 AM
Unitronix Corp. to Invest $3 Million in USA Unity Coin Project • UTRX • Oct 7, 2024 7:08 AM
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM