other_material
confidence high
sentiment neutral
materiality 0.65
Beyond Air raises $5M in private placement of stock and warrants at $1.272/unit
Beyond Air, Inc.
- Gross proceeds of $5.0M from sale of 3,930,818 shares (or pre-funded warrants) and five-year warrants at $1.147 strike.
- Rodman & Renshaw acted as exclusive placement agent; proceeds for working capital and general corporate purposes.
- Closing expected Jan 16, 2026; resale registration statement to be filed by Feb 4, 2026.
- Offering includes 90-day lock-up on further equity issuance and six-month ban on variable rate transactions.
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