Company: XAIR
Filing Date: 2025-11-21
Form Type: S-1
Source: 0001493152-25-024614
Chunk: 2

Company: Beyond Air, Inc.
Filing Date: 2025-11-21
Form: S-1
Chunk 2
---
, of up to 1,600,000 shares of common stock, par value $0.0001 per share, of Beyond Air, Inc., a Delaware corporation (“Beyond Air,” “we,” “us,” “our,” or the “Company”), held by Streeterville Capital, LLC, a Utah limited liability company (“Streeterville” or the “Selling Stockholder”).

The shares of common stock being offered by the Selling Stockholder consist of up to 1,600,000 shares of common stock (the “Put Shares”) that we may issue and sell to Streeterville from time to time after the date of this prospectus, upon the terms and subject to the conditions of, an Equity Purchase Agreement, dated as of November 4, 2025 (the “Purchase Agreement”), that we entered into with Streeterville.

The price that Streeterville will pay for the shares to be resold pursuant to this prospectus will depend upon the timing of sales and will fluctuate based on the trading price of our common stock. See “ The Streeterville Transaction” for a description of the Purchase Agreement and “ Selling Stockholder” for additional information.

In addition to the purchase
right described above, for so long as there is a balance outstanding under that certain Secured Promissory Note in the original principal
amount of $12,050,000 issued by Company in favor of Streeterville on November 4, 2025 (the “”) and following the
occurrence of an Offset Event (as defined in the Purchase Agreement), Streeterville may deliver to Company an Investor Notice (as defined
in the Purchase Agreement). Streeterville may select the amount of the Put (as defined in the Purchase Agreement), provided that the
amount of the Put shall not exceed the balance owed under the Note and is also subject to certain other limitations as set forth in the
Purchase Agreement. Shares sold to Streeterville pursuant to an Investor Notice will be paid for by offsetting the amount of the purchase
price to be paid by Streeterville against an amount outstanding under the Note.

We are not selling any securities under this prospectus and will not receive any of the proceeds from the sale of the shares by the Selling Stockholder. We may receive gross proceeds of up to $20,000,000 from the sale of our common stock to Streeterville under the Purchase Agreement. Such sales may take place from time to time, in our discretion, after the date of the registration statement of which this prospectus is a part is declared effective and