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XTI Aerospace, Inc. (XTIA) has a Schedule 13G reporting that Bruce Grossman is the beneficial owner of 2,621,433 shares of the company’s common stock, representing 6.8% of the outstanding class based on 38,477,789 shares outstanding as of May 14, 2026.
The shares are held indirectly through entities associated with him: Dillon Hill Capital LLC holds 845,759 shares and Dillon Hill Investment Co LLC holds 1,775,674 shares, over which he exercises or may be deemed to exercise voting and dispositive power.
Key Figures
Beneficial ownership:2,621,433 sharesPercent of class:6.8%Shares outstanding:38,477,789 shares+4 more
7 metrics
Beneficial ownership2,621,433 sharesTotal shares beneficially owned by Bruce Grossman in XTI Aerospace common stock
Percent of class6.8%Percentage of XTI Aerospace common stock beneficially owned by Bruce Grossman
Shares outstanding38,477,789 sharesXTI Aerospace common stock outstanding as of May 14, 2026, used for ownership calculation
Dillon Hill Capital LLC holdings845,759 sharesShares of XTI Aerospace common stock directly owned by Dillon Hill Capital LLC
Dillon Hill Investment Co LLC holdings1,775,674 sharesShares of XTI Aerospace common stock directly owned by Dillon Hill Investment Co LLC
Sole voting power2,621,433 sharesShares listed with sole voting power for the reporting person
Sole dispositive power2,621,433 sharesShares listed with sole dispositive power for the reporting person
Key Terms
beneficially owned, sole voting power, sole dispositive power, percent of class, +1 more
5 terms
beneficially ownedfinancial
"Amount beneficially owned: The shares of Common Stock reported on this Schedule"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting powerfinancial
"5 | Sole Voting Power 2,621,433.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive powerfinancial
"7 | Sole Dispositive Power 2,621,433.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
percent of classfinancial
"11 6.8 % 12"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
CUSIP Numberfinancial
"(e) | CUSIP Number(s): 98423K405"
A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many XTIA shares does Bruce Grossman beneficially own according to this Schedule 13G?
Bruce Grossman beneficially owns 2,621,433 shares of XTI Aerospace common stock. This total comes from 845,759 shares held by Dillon Hill Capital LLC and 1,775,674 shares held by Dillon Hill Investment Co LLC, which are attributed to him as the controlling person.
What percentage of XTI Aerospace (XTIA) does Bruce Grossman own?
Bruce Grossman reports beneficial ownership of 6.8% of XTI Aerospace’s common stock. This percentage is calculated based on 38,477,789 shares of common stock outstanding as of May 14, 2026, as stated in the Schedule 13G.
Through which entities does Bruce Grossman hold his XTIA shares?
The filing states that Dillon Hill Capital LLC directly owns 845,759 shares of XTI Aerospace, and Dillon Hill Investment Co LLC directly owns 1,775,674 shares. Bruce Grossman controls these entities and is therefore reported as the beneficial owner of their holdings.
What voting and dispositive power does Bruce Grossman report over XTIA shares?
The cover information lists 2,621,433 shares under both sole voting power and sole dispositive power, with 0 shares under shared voting and dispositive power. The narrative explains he may be deemed to control voting and dispositive power through Dillon Hill Capital LLC and Dillon Hill Investment Co LLC.
What is the CUSIP and class of securities reported for XTIA in this Schedule 13G?
The Schedule 13G covers Common Stock, $0.001 par value per share of XTI Aerospace, Inc., with CUSIP number 98423K405. All ownership figures in the filing relate to this class of common stock.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
XTI Aerospace, Inc.
(Name of Issuer)
Common Stock, $0.001 par value per share
(Title of Class of Securities)
98423K405
(CUSIP Number)
09/02/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
98423K405
1
Names of Reporting Persons
Grossman Bruce
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,621,433.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
2,621,433.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,621,433.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.8 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
XTI Aerospace, Inc.
(b)
Address of issuer's principal executive offices:
511 East John W. Carpenter Freeway, Suite 500, Los Colinas, TX 75062
Item 2.
(a)
Name of person filing:
Bruce Grossman
(b)
Address or principal business office or, if none, residence:
c/o Dillon Hill Capital LLC
200 Business Park Drive, Suite 306
Armonk, NY 10504
(c)
Citizenship:
United States
(d)
Title of class of securities:
Common Stock, $0.001 par value per share
(e)
CUSIP Number(s):
98423K405
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The shares of Common Stock reported on this Schedule are indirectly beneficially owned by the Reporting Person.
Dillon Hill Capital, LLC, of which the Reporting Person is the sole member, directly owns 845,759 shares of Common Stock of the Issuer.
Dillon Hill Investment Co LLC, the investment decisions of which are controlled by the Reporting Person, directly owns 1,775,674 shares of Common Stock.
The Reporting Person may be deemed to have sole voting and dispositive power over the shares of Common Stock held by Dillon Hill Capital LLC and shared voting and dispositive power over the shares of Common Stock held by Dillon Hill Investment Co LLC.
The percentage beneficial ownership reported in Item 11 of the cover pages to this Schedule was calculated based on 38,477,789 shares of Common Stock outstanding as of May 14, 2026.
(b)
Percent of class:
See Rows 5 through 11 of the Reporting Person's cover page.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Rows 5 through 11 of the Reporting Person's cover page.
(ii) Shared power to vote or to direct the vote:
See Rows 5 through 11 of the Reporting Person's cover page.
(iii) Sole power to dispose or to direct the disposition of:
See Rows 5 through 11 of the Reporting Person's cover page.
(iv) Shared power to dispose or to direct the disposition of:
See Rows 5 through 11 of the Reporting Person's cover page.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
See Item 4.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Item 4.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.