Beyond Air, Inc. (XAIR) Prices 9.64M Share Offering at $1.66/sh

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Beyond AirĀ® Announces Pricing of $16.0 Million Registered Direct Offering of Common Stock and Warrants

March 20, 2024 9:00 AM EDT

GARDEN CITY, N.Y., March 20, 2024 (GLOBE NEWSWIRE) -- Beyond Air, Inc. (NASDAQ: XAIR) (Beyond Air or the Company), a commercial stage medical device and biopharmaceutical company focused on harnessing the power of endogenous and exogenous nitric oxide (NO) to improve the lives of patients suffering from respiratory illnesses, neurological disorders and solid tumors (through its affiliate Beyond Cancer, Ltd. (Beyond Cancer)), today announced that it has entered into a securities purchase agreement with healthcare focused institutional investors and accredited investors, including certain directors and officers of the Company, whereby the investors have agreed to... More