XTI Aircraft Company will establish an over-the-counter secondary market so current and future shareholders will have the ability to buy and sell XTI shares on a public market.
After garnering $20.6 million in non-binding expressions of interest, the excitement around the TriFan 600 and interest by investors in the company’s equity crowdfunding campaign is continuing. In response, XTI is extending the period to invest in the company until mid-April 2016. XTI will apply the proceeds of this offering to support development of its revolutionary new TriFan 600 aircraft. This aircraft combines the speed, range and comfort of a business jet with the ability to take off and land like a helicopter.
The ongoing investment opportunity is not only open to those who had signed up and expressed interest in investing in XTI previously, but to all investors around the globe. Shares may be purchased at: www.startengine.com/startup/xti
The shares owned by everyone who invests in the ongoing equity crowdfunding could be traded in a manner similar to the stock of large companies that is traded on the New York Stock Exchange and other exchanges.