Beyond Air, Inc. 8-K

What Happened Beyond Air, Inc. (NASDAQ: XAIR) announced in an 8-K that a Nasdaq Hearings Panel granted the company’s request to continue listing on The Nasdaq Stock Market, following a hearing on May 14, 2026. The Panel’s decision, announced in a press release dated June 1, 2026, requires the company to demonstrate compliance with Nasdaq Listing Rule 5550(a)(2) (the Bid Price Rule) on or before July 31, 2026.

Key Details

• The decision followed a hearing on May 14, 2026; the company issued a press release about the decision on June 1, 2026 (Exhibit 99.1).
• Beyond Air must demonstrate compliance with the Bid Price Rule by July 31, 2026.
• Once compliance is regained, the company will be subject to a Discretionary Panel Monitor for one year per Nasdaq Listing Rule 5815(d)(4)(A).
• If the company fails any listing standard during that one-year monitoring period, Nasdaq’s Listing Qualifications Department will issue a Staff Delisting Determination and the company will not be permitted to submit a plan to cure that new deficiency.

Why It Matters The Panel’s decision avoids immediate delisting and gives Beyond Air a clear deadline to fix its bid-price deficiency, but it also places the company under heightened scrutiny for at least a year after compliance is restored. For investors, this means the company has a short window to resolve the issue; failure to do so could lead to delisting proceedings or suspension of the common stock. Monitor the company’s share price, updates on achieving compliance, and any further Nasdaq communications.