Beyond Air, Inc. 8-K

What Happened

• Beyond Air, Inc. (NASDAQ: XAIR) issued a press release dated June 26, 2026 announcing its financial results for the fiscal quarter and year ended March 31, 2026 and certain recent corporate developments (Exhibit 99.1 to the Form 8-K).
• On June 25, 2026 the Board approved changing the company’s fiscal year-end from March 31 to December 31, effective December 31, 2026. The company will report a nine‑month transition period (April 1, 2026 through December 31, 2026) on an Annual Report on Form 10‑K/T.

Key Details

• Press release announcing results: dated June 26, 2026 (attached as Exhibit 99.1).
• Fiscal year-end change approved: from March 31 to December 31, effective December 31, 2026.
• Transition reporting: the company will file a Form 10‑K/T covering the nine‑month transition period Apr 1–Dec 31, 2026, and thereafter will report on a Dec 31 year-end (first full 12‑month period ending Dec 31, 2027).
• Near-term filings: the company expects to file its Annual Report on Form 10‑K for fiscal year ended Mar 31, 2026 and Form 10‑Qs for the quarters ended Jun 30, 2026 and Sep 30, 2026 before the transition report.

Why It Matters

• Reporting timing and comparability: changing the fiscal year-end shifts reporting periods and creates a one‑time nine‑month transition period. Investors should note that interim results and year‑over‑year comparisons may be affected while the company moves to a Dec 31 year‑end.
• Upcoming documents to review: the June 26 press release contains the announced results (see Exhibit 99.1), and the Form 10‑K/T for the Apr–Dec 2026 transition period will provide audited financials and reconciliations for that period.
• Administrative note: the press release attached to the 8‑K is furnished (not “filed”) and the company stated it is not deemed filed under Section 18 of the Exchange Act unless expressly incorporated by reference.

Read the attached press release and monitor the upcoming 10‑K and 10‑Q filings for the detailed financial figures and further explanation.