secwatch.observer — SEC 8-K summary
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Issuer:     Beyond Air, Inc. (XAIR)
CIK:        0001641631
Form:       8-K
Filed at:   2026-01-20T23:59:59+00:00
Accession:  0001493152-26-002884
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beyond Air raises $5M in private placement of stock and warrants at $1.272/unit
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1641631/000149315226002884/0001493152-26-002884-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1641631/000149315226002884/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-002884

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer