Beyond Air raises $3.25 million through warrant exercise agreement

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Beyond Air Announces Exercise of Warrants for $3.25 Million of Gross Proceeds

September 8, 2025 3:56 PM EDT

GARDEN CITY, N.Y., Sept. 08, 2025 (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 nitric oxide (NO) to improve the lives of patients, today announced the entry into a definitive agreement for the immediate exercise of certain outstanding common warrants (the Existing Warrants) to purchase up to an aggregate of 1,439,126 shares of the Companys common stock at a reduced exercise price of $2.21 (the closing price of the Companys shares of common stock on September 5, 2025).... More