Denver airplane company to try again to raise money Monday, 25 July 2016 06:45 XTI Aircraft is trying to raise funds so it can build this six-seat airplane that can… more[1] XTI Aircraft image A Denver-area company that's trying to build a new type of airplane said it's going to try again and raise funds. Centennial Airport-based[2] XTI Aircraft Company, which is trying to raise money to build a six-seat airplane that can take off and land vertically like a helicopter, originally tried to raise $3 million earlier this year[3] but fell $1.8 million short. XTI Aircraft is trying to raise funds so it can build this six-seat airplane that can… more[4] XTI Aircraft image Now it's trying again. "When the company didn't reach the minimum of $3 million by April 30, it refunded the investments and temporarily suspended the offering. However, since April 30, hundreds of the original investors and new potential investors have again reserved shares, and XTI has refiled with the SEC with no minimum required," the company said in a statement.[5] References^ more (www.bizjournals.com)^ Centennial Airport-based (www.bizjournals.com)^ originally tried to raise $3 million earlier this year (www.bizjournals.com)^ more (www.bizjournals.com)^ the company said in a statement. (www.xtiaircraft.com) Tweet More in this category: « IEX gets surprising congratulations from rival Bats After just four months, CEO of Tri-State Bank steps down » back to top
