Beyond Air, Inc. Regains Nasdaq Bid-Price Compliance; One-Year Monitor
$XAIR · Beyond Air, Inc.Research Summary
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Beyond Air, Inc. Regains Nasdaq Bid-Price Compliance; One-Year Monitor
What Happened Beyond Air, Inc. (NASDAQ: XAIR) filed an 8-K on August 6, 2026 reporting that Nasdaq confirmed the company had regained compliance with the minimum $1.00 bid-price rule after the company completed a 1-for-20 reverse stock split on July 13, 2026. Nasdaq’s determination was based on the closing bid price being at or above $1.00 for 17 consecutive trading days from July 13, 2026 through August 4, 2026. Nasdaq had previously notified the company of noncompliance on April 7, 2026 and a Hearings Panel had granted continued listing conditioned on compliance by July 31, 2026.
Key Details
- Nasdaq notice of noncompliance received April 7, 2026; Panel granted continued listing on May 28, 2026 subject to compliance by July 31, 2026.
- Company effected a 1-for-20 reverse stock split on July 13, 2026.
- Compliance confirmed by Nasdaq on August 6, 2026 based on 17 consecutive trading days at or above $1.00 (July 13–Aug 4, 2026).
- Nasdaq imposed a Discretionary Panel Monitor for one year from the Compliance Letter date; during this period the company cannot submit a compliance plan to cure new deficiencies and the Staff must issue a delisting determination if deficiencies arise.
Why It Matters Regaining bid-price compliance preserves Beyond Air’s Nasdaq listing and avoids immediate delisting risk, which matters for liquidity and investor access. However, the one-year Discretionary Panel Monitor increases near-term regulatory scrutiny: any future listing deficiency during the monitor period cannot be handled by the usual plan-of-compliance process and can lead quickly to a delisting determination and a new hearing. Investors should note the reverse split changed the company’s share count and per-share price (1-for-20) and be aware of the heightened risk of future listing actions during the monitor period.