Company: XAIR
Filing Date: 2025-06-20
Form Type: 10-K
Source: 0001641172-25-015750
Chunk: 1243

Company: Beyond Air, Inc.
Filing Date: 2025-06-20
Form: 10-K
Item: Item 2
Chunk 1243
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 shares of common stock issuable upon exercise of warrants that
have not been exercised. We refer to the foregoing limitation as the “Ownership Cap.” The share numbers in the table below
do not reflect the Ownership Cap, but the figures contained in the “Percentage of Outstanding Shares” column reflect the
Ownership Cap.

96

    Name and Address of Beneficial Owner (1) 
    Number of Shares  
    Percentage of Outstanding Shares % (2) 
  
    5% Owners 

    Alyeska Master Fund, L.P. (3) 
     29,745,877(4) 
     9.99%
  
    Avenue Venture Opportunities Fund, L.P. (5) 
     13,619,587(6) 
     9.99%
  
    Atlas Diversified Master Fund, Ltd. (7) 
     12,290,913(8) 
     9.99%
  
    Named Executive Officers and Directors 

    Steven A. Lisi 
     10,952,037(9) 
     9.99%
  
    Dr. William Forbes 
     151,605(10) 
     * 
  
    Robert F. Carey 
     18,672,801(11) 
     9.99%
  
    Erick Lucera 
     192,358(12) 
     * 
  
    Yoori Lee 
     156,404(13) 
     * 
  
    Michael Gaul 
     379,650(14) 
     * 
  
    Douglas Larson 
     239,846(15) 
     * 
  
    All executive officers and directors (7 persons) 
     30,744,701  
     19.4%

    *
    Less
    than one percent (1.0%). 

    (1)
    The
    address of these persons, unless otherwise noted, is c/o Beyond Air, Inc., 900 Stewart Avenue, Suite 301 Garden City, New York, 11530.

    (2)
    Shares
    of Common Stock beneficially owned and, except as limited by the Ownership Cap as discussed above, the respective percentages of
    beneficial ownership of Common Stock includes for each person or entity shares issuable on the exercise of all options and warrants
    and the conversion of other convertible securities beneficially owned by such person or entity that are currently exercisable or