Beyond Air shareholders approve share increase to 500M and equity plan amendment; options repriced to $0.54

Beyond Air, Inc.

Stockholders approved increase in authorized common shares from 100M to 500M (Proposal 5).
Seventh Amended 2013 Equity Incentive Plan approved, adding 3M shares; board gets repricing authority.
Board repriced 10,586,473 options with exercise prices >$0.54 down to $0.54, affecting named executives and directors.
CEO Steven Lisi holds 2.95M repriced options; CFO Douglas Larson 515K options repriced.
All director nominees elected; Marcum LLP ratified as auditor; say-on-pay passed.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Beyond Air, Inc.: Increase in authorized shares of common stock from 100,000,000 to 500,000,000 via Second Amendment to Amended and Restated Certificate of Incorporation (effective 2024-11-25).

Change: charter amendment
Effective: 2024-11-25

Exact text from the filing

the stockholders of the Company voted to, among other things, approve the Company’s Second Amendment to the Amended and Restated Certificate of Incorporation to increase the number of authorized shares of the Company’s common stock from 100,000,000 to 500,000,000 (the “Certificate of Amendment”).

View on SEC.gov

84 governance changes filed in the last 30 days. Browse all governance changes →

Beyond Air, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-24-047830

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.