---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-008876"
form_type: "8-K"
ticker: "XAIR"
cik: "0001641631"
company_name: "Beyond Air, Inc."
filed_at: "2023-03-24T23:59:59+00:00"
generated_at: "2026-06-17T16:44:40.817942+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Beyond Air loses appeal in Empery Suit; $7.4M collateral already posted

## Summary
- Appellate Court affirmed prior judgment against Beyond Air in Empery Suit.
- Company had posted $7.4M cash as collateral for supersedeas bond pending appeal.
- Beyond Air says the adverse outcome will not materially impact liquidity or operations.
- Lawsuit originally captioned Empery Asset Master, Ltd. et al. vs. AIT Therapeutics, Inc.

## SEC filing metadata
- accession: 0001493152-23-008876
- form_type: 8-K
- ticker: XAIR
- cik: 0001641631
- company_name: Beyond Air, Inc.
- filed_at: 2023-03-24T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1641631/000149315223008876/0001493152-23-008876-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641631/000149315223008876/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-008876
- JSON: https://secwatch.observer/filing/0001493152-23-008876.json
- Plain text: https://secwatch.observer/filing/0001493152-23-008876.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.