Beyond Air, Inc. 8-K

What Happened

• Beyond Air, Inc. announced it received a notice from the Nasdaq Listing Qualifications staff on April 10, 2026, indicating the company does not meet Nasdaq’s $1.00 minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).
• The company timely requested a hearing before the Nasdaq Hearings Panel on April 13, 2026; the hearing is scheduled for May 14, 2026. Because the hearing was requested, any suspension or delisting action is stayed pending the Panel’s written decision, and the company’s common stock is expected to remain listed on Nasdaq for now.
• The filing notes there is no assurance the Panel will grant continued listing or that Beyond Air will regain compliance within any compliance period that might be granted.

Key Details

• Notice date from Nasdaq: April 10, 2026 (noncompliance with $1.00 bid price rule, Nasdaq Rule 5550(a)(2)).
• Company’s hearing request filed: April 13, 2026.
• Hearing date scheduled: May 14, 2026.
• Effect of timely request: stay of any suspension/delisting pending the Panel’s decision; outcome uncertain per the company’s forward-looking disclosures.

Why It Matters

• This filing signals a formal Nasdaq review of Beyond Air’s compliance with listing standards; the outcome of the May 14 hearing will determine whether the company stays listed or faces delisting procedures.
• The company explicitly warns there is no guarantee it will regain compliance or that the Panel will allow continued listing; investors should monitor the hearing outcome and subsequent filings (and review the company’s 10‑K risk factors) for updates and potential impacts to trading and corporate options going forward.