secwatch.observer — SEC 8-K summary
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Issuer:     Beyond Air, Inc. (XAIR)
CIK:        0001641631
Form:       8-K
Filed at:   2026-04-10T23:59:59+00:00
Accession:  0001493152-26-016172
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1641631/000149315226016172/0001493152-26-016172-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1641631/000149315226016172/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-016172

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