secwatch.observer — SEC 8-K summary
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Issuer:     Beyond Air, Inc. (XAIR)
CIK:        0001641631
Form:       8-K
Filed at:   2023-03-24T23:59:59+00:00
Accession:  0001493152-23-008876
Event type: litigation
Sentiment:  negative
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1641631/000149315223008876/0001493152-23-008876-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1641631/000149315223008876/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-008876

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