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.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Beyond Air, Inc. issued 719,561 shares of common stock of warrant to 9 holders (each, a “Holder”) of our existing common stock purchase warrants for $0.0625 per share of common stock underlying the Existing Warrants.

Security: warrant
Shares: 719,561 shares of common stock
Purchaser: 9 holders (each, a “Holder”) of our existing common stock purchase warrants
Consideration: $0.0625 per share of common stock underlying the Existing Warrants

Exact text from the filing

the Company agreed to issue unregistered new common stock purchase warrants (“New Warrants”) to purchase up to 719,561 shares of common stock, for a purchase price of $0.0625 per share of common stock underlying the Existing Warrants held by such holder.

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26 equity issuances filed in the last 30 days. Browse all equity issuances →

Beyond Air, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-25-012866

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