other material
confidence high
sentiment neutral
materiality 0.70
Beyond Air stockholders approve 1-for-20 reverse stock split to regain Nasdaq compliance
Beyond Air, Inc.
- Stockholders approved reverse split at special meeting June 18, 2026; 5,177,506 for, 1,222,793 against.
- Board set ratio at 1-for-20, combining every 20 shares into 1 share of common stock.
- Split intended to raise bid price above $1.00 to meet Nasdaq Bid Price Rule by July 31, 2026 deadline.
- Company cautions that split may not be implemented or achieve desired compliance.