secwatch.observer — SEC 8-K summary
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Issuer:     Beyond Air, Inc. (XAIR)
CIK:        0001641631
Form:       8-K
Filed at:   2025-09-09T23:59:59+00:00
Accession:  0001493152-25-012866
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1641631/000149315225012866/0001493152-25-012866-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1641631/000149315225012866/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-012866

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