--- schema_version: "secwatch.filing_event.v1" accession: "0001493152-26-002884" form_type: "8-K" ticker: "XAIR" cik: "0001641631" company_name: "Beyond Air, Inc." filed_at: "2026-01-20T23:59:59+00:00" generated_at: "2026-05-16T09:33:25.854269+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.65 calibrated_materiality_score: 0.65 confidence: "high" source: SEC EDGAR --- # Beyond Air raises $5M in private placement of stock and warrants at $1.272/unit ## Summary - 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. ## SEC filing metadata - accession: 0001493152-26-002884 - form_type: 8-K - ticker: XAIR - cik: 0001641631 - company_name: Beyond Air, Inc. - filed_at: 2026-01-20T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.65 - calibrated_materiality_score: 0.65 - confidence: high - sec_items: 1.01, 3.02, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1641631/000149315226002884/0001493152-26-002884-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641631/000149315226002884/form8-k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001493152-26-002884 - JSON: https://secwatch.observer/filing/0001493152-26-002884.json - Plain text: https://secwatch.observer/filing/0001493152-26-002884.txt ## Key facts - Equity Issuances Beyond Air, Inc. issued up to 3,405,828 shares of Common Stock of warrant to an institutional investor for $1.2719 per Pre-funded Warrant. - Security: warrant - Shares: up to 3,405,828 shares of Common Stock - Purchaser: an institutional investor - Consideration: $1.2719 per Pre-funded Warrant source text: pre-funded warrants to purchase up to 3,405,828 shares of Common Stock (the “Pre-funded Warrants”) at a purchase price of $1.2719 per Pre-funded Warrant evidence_url: https://www.sec.gov/Archives/edgar/data/1641631/000149315226002884/0001493152-26-002884-index.htm - Equity Issuances Beyond Air, Inc. issued up to 3,930,818 shares of Common Stock of warrant to an institutional investor for aggregate gross proceeds under the Purchase Agreement of $5,000,000. - Security: warrant - Shares: up to 3,930,818 shares of Common Stock - Purchaser: an institutional investor - Consideration: aggregate gross proceeds under the Purchase Agreement of $5,000,000 source text: warrants to purchase up to 3,930,818 shares of Common Stock (the “Common Warrants”, and together with the Pre-funded Warrants the “Warrants”), for aggregate gross proceeds under the Purchase Agreement of $5,000,000 evidence_url: https://www.sec.gov/Archives/edgar/data/1641631/000149315226002884/0001493152-26-002884-index.htm - Equity Issuances Beyond Air, Inc. issued 524,990 shares of common stock to an institutional investor for $1.272 per Share. - Security: common stock - Shares: 524,990 shares - Purchaser: an institutional investor - Consideration: $1.272 per Share source text: the Company agreed to sell to the investor, and the investor agreed to purchase from the Company, in a private placement offering, an aggregate of (i) 524,990 shares (the “Shares”) of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), at a purchase price of $1.272 per Share evidence_url: https://www.sec.gov/Archives/edgar/data/1641631/000149315226002884/0001493152-26-002884-index.htm - Material Agreements Beyond Air, Inc. entered into Purchase Agreement with an institutional investor valued at aggregate gross proceeds under the Purchase Agreement of $5,000,000 (effective 2026-01-14). - Action: entry - Agreement: equity purchase - Counterparty: an institutional investor - Value: aggregate gross proceeds under the Purchase Agreement of $5,000,000 - Effective: 2026-01-14 source text: On January 14, 2026, Beyond Air, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with an institutional investor. evidence_url: https://www.sec.gov/Archives/edgar/data/1641631/000149315226002884/0001493152-26-002884-index.htm - Material Agreements Beyond Air, Inc. entered into Placement Agency Agreement with Rodman & Renshaw LLC valued at aggregate cash fee equal to 7.0% of the gross proceeds of the private placement offering (effective 2026-01-14). - Action: entry - Agreement: underwriting - Counterparty: Rodman & Renshaw LLC - Value: aggregate cash fee equal to 7.0% of the gross proceeds of the private placement offering - Effective: 2026-01-14 source text: On January 14, 2026, in connection with the private placement offering, the Company entered into a Placement Agency Agreement with Rodman & Renshaw LLC. evidence_url: https://www.sec.gov/Archives/edgar/data/1641631/000149315226002884/0001493152-26-002884-index.htm - Material Agreements Beyond Air, Inc. entered into Registration Rights Agreement with the investor (effective 2026-01-14). - Action: entry - Counterparty: the investor - Effective: 2026-01-14 source text: In connection with the Purchase Agreement, on January 14, 2026, the Company also entered into a registration rights agreement (the “Registration Rights Agreement”) with the investor. evidence_url: https://www.sec.gov/Archives/edgar/data/1641631/000149315226002884/0001493152-26-002884-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.