Form 8-K

8-K — Beyond Air, Inc.

Accession: 0001493152-26-026638

Filed: 2026-06-01

Period: 2026-05-28

CIK: 0001641631

SIC: 3841 (SURGICAL & MEDICAL INSTRUMENTS & APPARATUS)

Item: Other Events

Item: Financial Statements and Exhibits

Documents

8-K — form8-k.htm (Primary)

EX-99.1 (ex99-1.htm)

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

WASHINGTON,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d) of the

Securities

Exchange Act of 1934

Date

of report (Date of earliest event reported): May 28, 2026

Beyond

Air, Inc.

(Exact

Name of Registrant as Specified in Charter)

Delaware

001-38892

47-3812456

(State

or Other Jurisdiction

Incorporation)

(Commission

File

Number)

(I.R.S.

Employer

Identification

No.)

900

Stewart Avenue, Suite 301

Garden

City, NY 11530

(Address

of Principal Executive Offices and Zip Code)

(516)

665-8200

Registrant’s

Telephone Number, Including Area Code

(Former

Name or Former Address, if Changed Since Last Report)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions (see General Instruction A.2. below):

☐

Written

communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Common

Stock, par value $.0001 per share

XAIR

The

Nasdaq Stock Market LLC

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405)

or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging

growth company ☐

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

8.01 Other Events

May 28, 2026, Beyond Air, Inc. (the “Company”) received a decision letter from the Nasdaq Hearings Panel (the “Panel”)

granting the Company’s request for continued listing on The Nasdaq Stock Market LLC (“Nasdaq”), subject to certain

conditions. The Panel’s decision was issued following a hearing held on May 14, 2026, at which the Company presented its compliance

plan to address its non-compliance with Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”).

Pursuant

to the Panel’s decision, the Company must demonstrate compliance with the Bid Price Rule on or before July 31, 2026. In addition,

pursuant to Nasdaq Listing Rule 5815(d)(4)(A), the Company will be subject to a Discretionary Panel Monitor for a period of one year

from the date the Company regains compliance with the Bid Price Rule. If the Panel or Nasdaq’s Listing Qualifications Department

(the “Listing Qualifications Department”) determines that the Company fails any listing standard during the one-year monitoring

period, then the Company will not be permitted to provide a plan of compliance with respect to any deficiency that arises during the

one-year monitoring period. Rather, the Listing Qualifications Department will promptly issue a written determination to delist the Company’s

securities (the “Staff Delisting Determination”). If the Company does not request review of the Staff Delisting Determination

then the Company’s common stock will be suspended as described in the Staff Delisting Determination.

June 1, 2026, the Company issued a press release announcing the Panel’s decision regarding its continued listing on Nasdaq. A copy

of the press release is attached and incorporated by reference herein as Exhibit 99.1

Item 9.01

Financial Statements and Exhibits.

(d)

Exhibits

Exhibit

Number

Description

99.1

Beyond Air, Inc. Press Release, dated June 1, 2026.

104

Cover

Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by

the undersigned hereunto duly authorized.

BEYOND

AIR, Inc.

Date:

June 1, 2026

By:

/s/

Daniel Moorhead

Name:

Daniel

Moorhead

Title:

Chief

Financial Officer

EX-99.1

Filename: ex99-1.htm · Sequence: 2

Exhibit 99.1

Beyond

Air Receives Nasdaq Hearing Panel Decision Granting Continued Listing

GARDEN

CITY, N.Y., June 1, 2026 (GLOBE NEWSWIRE) — Beyond Air, Inc. (NASDAQ: XAIR), a commercial-stage medical device and biopharmaceutical

company focused on harnessing the power of nitric oxide (NO) to improve patients’ lives, today announced that the Nasdaq Hearings

Panel (the “Panel”) has granted the Company’s request to continue its listing on The Nasdaq Stock Market, subject to

regaining compliance with the Nasdaq Stock Market LLC’s (“Nasdaq” or the “Exchange”) Listing Rule 5550(a)(2)

(the “Bid Price Rule”) by July 31, 2026. The Company is fully compliant with all other continued listing requirements.

“We

appreciate the Panel’s thoughtful review and support of our compliance plan,” said Robert Goodman, Chief Executive Officer

of Beyond Air. “This decision provides us with the time needed to complete the steps necessary to regain compliance while we remain

focused on advancing our commercial execution and progressing our next-generation portable nitric oxide platform.”

previously disclosed, Beyond Air’s shareholders will vote on a proposal authorizing a reverse stock split at the Company’s

special meeting of stockholders on June 18, 2026. If approved, the Company expects to implement the reverse stock split at a ratio deemed

appropriate by its Board of Directors to facilitate regaining compliance with the Nasdaq bid price requirement.

About

Beyond Air, Inc.

Beyond

Air is a commercial-stage medical device and biopharmaceutical company dedicated to harnessing the power of endogenous and exogenous

nitric oxide (NO) to improve the lives of patients suffering from respiratory illnesses, neurological disorders, and solid tumors. The

Company has received FDA approval and CE Mark for its first system, LungFit PH, for the treatment of term and near-term neonates with

hypoxic respiratory failure. For more information, visit www.beyondair.net.

Forward-Looking

Statements

This

press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of

1995. Forward-looking statements include, but are not limited to, statements regarding the Company’s ability to regain compliance

with Nasdaq’s continued listing requirements, including the bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2);

the timing, approval, implementation, and effectiveness of any reverse stock split; the Company’s ability to maintain its listing

on The Nasdaq Stock Market, the Company’s commercial growth and expectations related to the commercial growth, market adoption

of LungFit PH, expansion in the U.S. and international markets, and the Company’s long-term strategic and financial performance;

advancement and development of the Company’s next-generation portable nitric oxide platform and other product candidates; future

financing activities and capital resources. Forward-looking statements may be identified by words such as “anticipate,” “believe,”

“expect,” “intend,” “plan,” “potential,” “will,” “would,” “could,”

“may,” and similar expressions, or by the use of future tense. These statements are based on current expectations, estimates,

forecasts, and projections, as well as the beliefs and assumptions of management, and are not guarantees of future performance.

Because

forward-looking statements relate to future events, they are subject to inherent risks and uncertainties, many of which are beyond the

Company’s control, that could cause actual results to differ materially from those expressed or implied in such statements. These

risks and uncertainties include, but are not limited to, risks related to the Company’s ability to regain compliance with Nasdaq’s

continued listing requirements within the required time periods or at all; the outcome of the Company’s special meeting of stockholders

and the approval and implementation of any reverse stock split; the effectiveness of any reverse stock split in increasing or maintaining

the market price of the Company’s common stock; the Company’s ability to maintain its Nasdaq listing; the Company’s

ability to successfully execute its commercial strategy, achieve market adoption of its products, maintain and expand customer relationships,

manage leadership transitions effectively, obtain additional financing, and other risks described in the “Risk Factors” section

of Beyond Air, Inc.’s most recent Annual Report on Form 10-K and subsequent filings with the Securities and Exchange Commission.

CONTACTS:

Investor

Relations contact

Corey

Davis, Ph.D.

LifeSci Advisors, LLC

cdavis@lifesciadvisors.com

(212) 915-2577

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