Beyond Air, Inc. Form 8-K Filing

Beyond Air, Inc. announced on July 29, 2026, that it entered into a securities purchase agreement with certain institutional investors and company directors/executives. The agreement involves a private placement for the issuance and sale of approximately $10.2 million in aggregate gross proceeds. The proceeds are intended for working capital and general corporate purposes. The company will issue shares of common stock, pre-funded warrants, Series A warrants, and Series B warrants. The closing of this private placement is expected to occur on or about July 31, 2026. In connection with this, the company also entered into a registration rights agreement, committing to file a resale registration statement with the SEC within 15 days of closing. The company has agreed to restrictions on issuing additional equity or filing related registration statements for a period after the closing date. Cantor Fitzgerald & Co., Citizens JMP Securities, LLC, and Lake Street Capital Markets, LLC acted as placement agents for the private placement, and the company expects to pay them an aggregate fee of approximately $0.7 million.