12:34 PM EST, 01/07/2025 (MT Newswires) -- XTI Aerospace ( XTIA ) said Tuesday it will implement a 1-for-250 stock consolidation to meet a Nasdaq listing requirement.

The company said its shares will begin trading on a split-adjusted basis on Jan. 10.

The move is meant to help the company meet Nasdaq's minimum bid price requirement for continued listing.

XTIA shares were up over 16% in recent trading.

Price: 0.10, Change: +0.01, Percent Change: +15.91