Beyond Air receives Nasdaq delisting notice for bid price non-compliance; reverse stock split ineligible for cure period

Beyond Air, Inc.

Nasdaq notified Beyond Air on Apr 7, 2026 that it fails Bid Price Rule; stock closed below $1 for 30 consecutive business days through Apr 6.
Company is ineligible for 180-day cure period due to 1-for-20 reverse stock split on July 14, 2025.
Beyond Air intends to request a hearing before Nasdaq Hearings Panel by Apr 14, 2026; request automatically stays delisting.
Common stock (XAIR) will continue trading on Nasdaq pending Panel decision; no assurance of regaining compliance.
Company considering options including another reverse stock split to regain compliance.

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