other_material
confidence high
sentiment neutral
materiality 0.60
Beyond Air announces 1-for-20 reverse stock split to regain Nasdaq compliance
Beyond Air, Inc.
- Reverse stock split ratio 1-for-20, effective July 14, 2025.
- Approved by stockholders on June 20, 2025; filed Certificate of Amendment on July 9, 2025.
- Purpose: raise bid price above $1 to meet Nasdaq Listing Rule 5550(a)(2).
- No change in authorized shares (500M common, 10M preferred) or par value.
- Fractional shares rounded up; no cash in lieu.
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