Beyond Air, Inc. (XAIR) Form 424B3 — Aug 24, 2026
Beyond Air filed a 424B3 prospectus registering the resale of up to 5,417,538 shares by selling stockholders, covering securities issued in a private placement that closed July 31, 2026 with gross proceeds of approximately $10.2 million. The company receives no proceeds from resales, though it would receive cash if the warrants are exercised for working capital. The registered total comprises 167,011 placement shares, 1,638,835 shares underlying pre-funded warrants, and 1,805,846 shares each underlying Series A and Series B warrants carrying a $5.51 exercise price.
Key figures
- Gross Proceeds
- 10200000
- Shares Offered
- 5417538
- Shares Outstanding
- 755,549 pre-offering (as of July 28, 2026); 6,173,087 assuming full exercise of Pre-Funded, Series A and Series B Warrants; 984,407 actual outstanding as of August 14, 2026
- Reverse split ratio
- 1-for-20 (effective July 13, 2026)
- Panel monitor period
- one year from August 6, 2026
- Warrant exercise price
- 5.51
- Lockup company issuance
- 60 days after registration effectiveness
- Placement common shares
- 167011
- Series a warrant shares
- 1805846
- Series b warrant shares
- 1805846
- Nasdaq minimum bid price
- 1
- Pre funded warrant shares
- 1638835
- Nasdaq compliance regained
- August 6, 2026 (17 consecutive days at/above $1.00)
- Cumulative reverse split ratio
- 400-to-1 over two years (July 14, 2025 and July 13, 2026)
- Insider purchase price per unit
- 5.76
- Existing warrants excl placement
- 359,975 shares at weighted-average $97.94 exercise price
- Lockup variable rate transactions
- 180 days after registration effectiveness
- Pre funded warrant purchase price
- 5.6599
- Last reported sale price aug 14 2026
- 6.32
- Institutional purchase price per unit
- 5.66
- Streeterville equity purchase commitment
- 20000000
AI analysis
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