Beyond Air, Inc. Receives Nasdaq Delisting Notice Due to Bid Price Deficiency

Beyond Air, Inc. received a notification from Nasdaq indicating that the company no longer meets the minimum bid price requirement of $1.00 per share, as required by Nasdaq Listing Rule 5550(a)(2). This deficiency has persisted for thirty consecutive business days, from February 23, 2026, to April 6, 2026. The company is not eligible for the standard 180-day compliance period because it executed a 1-for-20 reverse stock split on July 14, 2025. Beyond Air intends to request a hearing before the Nasdaq Hearings Panel to appeal the delisting determination. A timely request for a hearing will stay any delisting actions pending the Panel's decision. During the appeal process, the company's common stock will continue to trade on Nasdaq. The company is exploring options to regain compliance, including the possibility of another reverse stock split.