other material
confidence high
sentiment neutral
materiality 0.60
Beyond Air approves 1-for-20 reverse stock split to regain Nasdaq compliance
Beyond Air, Inc.
- Reverse stock split at 1-for-20 ratio, effective 12:01 a.m. ET on July 13, 2026.
- Stockholders approved the split on June 18, 2026; Certificate of Amendment filed with Delaware on July 9, 2026.
- Split intended to raise bid price above $1.00 to meet Nasdaq Listing Rule 5550(a)(2).
- No change to authorized shares (500M common, 10M preferred) or par value; fractional shares rounded up.
- Ticker symbol XAIR unchanged; new CUSIP 08862L301.