Beyond Air® Announces Up to $30.1 Million Private Placement Offering Priced At-the-Market Under Nasdaq Rules
Beyond Air announced a private placement offering to raise up to $30.1 million in gross proceeds, selling shares and pre-funded warrants at a price of approximately $5.66 per share. The financing includes the issuance of Series A and Series B warrants with an exercise price of $5.51, with proceeds intended to fund the commercial launch of LungFit PH and for general corporate purposes.
Key figures
- Deal Value Usd
- $30.1 million
- Offering Price
- $5.66
- Shares Offered
- 1805846
- Warrant exercise price
- $5.51
- Series a warrants shares
- 1805846
- Series b warrants shares
- 1805846
AI analysis
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