Balyasny Asset Management Reports 7.25% Stake in Beyond Air, Inc. (XAIR)

Balyasny Asset Management L.P. (BAM) and its affiliated reporting persons, including Dmitry Balyasny, filed a Schedule 13G/A on May 15, 2026, disclosing a 7.25% ownership stake in Beyond Air, Inc. (XAIR). As of the event date on March 31, 2026, the reporting persons collectively held 763,266 shares of common stock. This total includes 464,162 shares held directly by Atlas Diversified Master Fund, Ltd. (ADMF) and 299,104 shares issuable upon the exercise of warrants. The warrants are subject to a beneficial ownership limitation blocker of 9.99%. BAM serves as the investment manager for ADMF, granting it voting and dispositive power over the securities. This filing represents an increase from a previously reported 0% position, marking a significant new holding for the investment firm. The reporting persons certified that the acquisition was made in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer.