Beyond Air receives ~$3.25M from warrant exercise; issues new warrants for 719,561 shares

Beyond Air, Inc.

Gross proceeds ~$3.25M from immediate exercise of 1,439,126 existing warrants at reduced price of $2.21/share.
Issues new warrants to purchase up to 719,561 shares at $2.21, exercisable immediately, five-year term.
Placement agent Laidlaw receives 6.5% fee; net proceeds for clinical programs and working capital.
Closing expected September 9, 2025; resale registration statement to be filed by September 29, 2025.

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