Company: XAIR
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001493152-25-012867
Chunk: 39

Company: Beyond Air, Inc.
Filing Date: 2025-09-09
Form: 424B3
Chunk 39
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 understandings (including, without limitation, side letters), including the Other Warrant Exercise Agreements,
with any holder or Other Holder to exercise such holder’s or Other Holder’s Existing Warrants and purchase New Warrants on
terms more favorable to such holder or Other Holder than as set forth herein.

<div align='center'>[Signature Pages to Follow]</div>

<div align='center'>[Company Signature Page to Warrant Inducement Agreement]</div>

| Sincerely 
 yours,    |
| BEYOND    
 AIR, INC. |
| By:       |
| Name:     |
| Title:    |

<div align='center'>[Holder Signature Page Follows]</div>

Accepted and Agreed to:

| Name                                      
 of Holder:                                |     |   |
| Signature                                 
 of Authorized Signatory of Holder:        |     |   |
| Name                                      
 of Authorized Signatory:                  |     |   |
| Title                                     
 of Authorized Signatory:                  |     |   |
| Number                                    
 of Holder’s Existing Warrant Shares:      |     |   |
| Beneficial                                
 Ownership Blocker Under the New Warrants: |     | % |

<div align='center'>[Holder Signature Page to Warrant Inducement Agreement]</div>

<div align='center'>Annex A</div>

Representations, Warranties and Covenants of the Company. The Company hereby makes the following representations and warranties to you:

(a) SEC Reports. The Company has filed all reports, schedules, forms, statements and other documents required to be filed by the Company under the Exchange Act, including pursuant to Section 13(a) or 15(d) thereof, for the one year preceding the date hereof (or such shorter period as the Company was required by law or regulation to file such material) (the foregoing materials, including the exhibits thereto and documents incorporated by reference therein “ SEC Reports”). As of their respective dates, the SEC Reports complied in all material respects with the requirements of the Exchange Act and none of the SEC Reports, when filed, contained any untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading, except as otherwise noted or corrected in a subsequent SEC Report. The Company is not currently an issuer identified in Rule 144(i) under the Securities Act.

(b) Authorization; Enforcement. The Company has the requisite corporate power and