Company: XAIR
Filing Date: 2025-09-25
Form Type: S-3
Source: 0001493152-25-014967
Chunk: 18

Company: Beyond Air, Inc.
Filing Date: 2025-09-25
Form: S-3
Chunk 18
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 stock of the corporation and any entity or person affiliated with or controlling or controlled by the entity or person.

| 10 |

Certificate of Incorporation and Bylaws

Provisions of our certificate of incorporation and bylaws may delay or discourage transactions involving an actual or potential change of control or change in our management, including transactions in which stockholders might otherwise receive a premium for their shares, or transactions that our stockholders might otherwise deem to be in their best interests. Therefore, these provisions could adversely affect the price of our common stock. Among other things, our certificate of incorporation and our bylaws:

| ● | permit                                                                                                                            
 our board of directors to issue up to 10,000,000 shares of preferred stock, with any rights, preferences and privileges as it may 
 designate, which issuance could result in the loss of voting control by other stockholders;                                       |

| ● | subject                                                                                                                                 
 to the rights of the holders of any series of preferred stock, provide that all vacancies on our board of directors, including as       
 a result of newly created directorships, may, except as otherwise required by law, be filled only by the affirmative vote of a majority 
 of directors then in office, even if less than a quorum;                                                                                |

| ● | provide                                                                                                                             
 that stockholders seeking to present proposals before a meeting of stockholders or to nominate candidates for election as directors 
 at a meeting of stockholders must provide advance notice in writing, and also specify requirements as to the form and content of    
 a stockholder’s notice;                                                                                                             |

| ● | do                                                                                                                                  
 not provide for cumulative voting rights, thereby allowing the holders of a majority of the shares of common stock entitled to vote 
 in any election of directors to elect all of the directors standing for election;                                                   |

| ● | provide                                                                                                                                 
 that special meetings of our stockholders may be called only by the (i) the chairperson of the board; (ii) our chief executive officer; 
 or (iii) a majority of the number of authorized directors; and                                                                          |

| ● | provide                                                                                                                                  
 that the Court of Chancery of the State of Delaware is the sole and exclusive forum for: (A) any derivative action or proceeding         
 brought on behalf of us; (B) any action asserting a claim of breach of a fiduciary duty owed by any of our directors, officers or        
 other employees to us or our stockholders; (C) any action asserting a claim against us arising pursuant to any provision of the Delaware 
 General