{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-043852","form_type":"8-K","ticker":"XAIR","cik":"0001641631","company_name":"Beyond Air, Inc.","filed_at":"2024-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.074002+00:00","generated_at":"2026-05-30T04:36:18.246561+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Beyond Air secures $11.5M secured loan from CEO and director; issues warrants","bullets":["$11.5M loan at 15% interest (3% cash, 12% PIK through June 2026); matures Oct 2034.","Warrants for 15,159,504 shares at $0.3793/share issued to CEO Steven Lisi and director Robert Carey.","Loan secured by substantially all assets; quarterly repayment from 8% royalty on net sales starts Oct 2026.","Independent board and investment bank approved the related-party transaction.","Proceeds used for working capital and refinancing; loan is full recourse upon maturity or default."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-043852","json":"https://secwatch.observer/filing/0001493152-24-043852.json","markdown":"https://secwatch.observer/filing/0001493152-24-043852.md","text":"https://secwatch.observer/filing/0001493152-24-043852.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1641631/000149315224043852/0001493152-24-043852-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1641631/000149315224043852/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T04:36:18.246561+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"}