---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-047830"
form_type: "8-K"
ticker: "XAIR"
cik: "0001641631"
company_name: "Beyond Air, Inc."
filed_at: "2024-11-26T23:59:59+00:00"
generated_at: "2026-05-29T17:54:24.377954+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-24-047830
- form_type: 8-K
- ticker: XAIR
- cik: 0001641631
- company_name: Beyond Air, Inc.
- filed_at: 2024-11-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1641631/000149315224047830/0001493152-24-047830-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641631/000149315224047830/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-047830
- JSON: https://secwatch.observer/filing/0001493152-24-047830.json
- Plain text: https://secwatch.observer/filing/0001493152-24-047830.txt

## Key facts
- Governance Changes
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1641631/000149315224047830/0001493152-24-047830-index.htm

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