Beyond Air secures up to $32M in financing from Streeterville Capital

Beyond Air, Inc.

Issued $12M promissory note with 15% annual interest; net proceeds ~$12M; $6M placed in restricted account.
Enters $20M equity line of credit (ELOC) to sell shares over 24 months; registration statement to be filed.
Amends loan with CEO Steven Lisi and director Robert Carey: additional $2M term loan, warrants at $1.95/share.
Board approves repricing of 726,618 options to $1.95, covering named executives and directors.
Proforma cash, equivalents, restricted cash, marketable securities of $22.9M as of Sept 30, 2025; runway into 2027.

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