secwatch.observer — SEC 8-K summary
======================================

Issuer:     Beyond Air, Inc. (XAIR)
CIK:        0001641631
Form:       8-K
Filed at:   2024-11-26T23:59:59+00:00
Accession:  0001493152-24-047830
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1641631/000149315224047830/0001493152-24-047830-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1641631/000149315224047830/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-047830

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer