Company: XAIR
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0001493152-25-005678
Chunk: 205

Company: Beyond Air, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Part II, Item 1A
Chunk 205
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 hearings panel pursuant to the procedures set forth in the applicable Nasdaq Listing Rules.

If
Nasdaq determines to delist our securities from trading on its exchange and we are unable to obtain listing on another national securities
exchange, a reduction in some or all of the following may occur, each of which could have a material adverse effect on our shareholders:

    ●
    the
    liquidity of our common stock;

    ●
    the
    market price of our common stock;

    ●
    our
    ability to obtain financing for the continuation of our operations;

    ●
    the
    number of investors that will consider investing in our common stock;

    ●
    the
    number of market makers in our common stock;

    ●
    the
    availability of information concerning the trading prices and volume of our common stock; and

ITEM
2. Unregistered Sales of Equity Securities and Use of Proceeds

ITEM
3. Defaults Upon Senior Securities

None.

ITEM
4. Mine Safety Disclosures

Not
applicable.

ITEM
5. Other Information

Rule
10b5-1 Trading Arrangement

During
the three months ended December 31, 2024, no director or officer of the Company adopted or terminated a “Rule 10b5-1 trading arrangement”
or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.

 38 

ITEM
6. Exhibits.

    Exhibit
    No.
     
    Description

    3.1
     
    Amended and Restated Certificate of Incorporation of AIT Therapeutics, Inc., dated January 9, 2017, filed as Exhibit 3.1 to our Current Report on Form 8-K, as amended and filed with the SEC on March 15, 2017, and incorporated herein by reference.

    3.2
     
    Certificate of Amendment of the Amended and Restated Certificate of Incorporation, dated June 25, 2019, filed as Exhibit 3.3 to our Annual Report on Form 10-K, as filed with the SEC on June 28, 2019, and incorporated herein by reference.

    3.3
     
    Second Certificate of Amendment of the Amended and Restated Certificate of Incorporation, dated November 25, 2024, filed as Exhibit 3.1 to our Current Report on Form