{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-038433","form_type":"8-K","ticker":"XAIR","cik":"0001641631","company_name":"Beyond Air, Inc.","filed_at":"2024-09-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.921267+00:00","generated_at":"2026-05-31T01:10:46.447411+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Beyond Air raises $20.6M via private placement, retires $17.5M debt, extends cash runway to June 2026","bullets":["Sold 40,392,155 shares/pre-funded warrants at $0.51/$0.5099 per unit with warrants exercisable at $0.38 for 5 years.","Retired $17.5M Avenue Capital term loan with $17.85M payment, eliminating $12M in scheduled debt payments through June 2026.","Entered $11.5M royalty agreement (15% PIK interest) with insiders, payments based on LungFit PH sales starting July 2026.","Insiders contributed $2M to the offering; Avenue Capital invested $3.35M in equity.","Net proceeds used for working capital; Company expects cash runway to last through June 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-038433","json":"https://secwatch.observer/filing/0001493152-24-038433.json","markdown":"https://secwatch.observer/filing/0001493152-24-038433.md","text":"https://secwatch.observer/filing/0001493152-24-038433.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1641631/000149315224038433/0001493152-24-038433-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1641631/000149315224038433/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T01:10:46.447411+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}