Company: XAIR
Filing Date: 2025-01-31
Form Type: S-3
Source: 0001493152-25-004488
Chunk: 18

Company: Beyond Air, Inc.
Filing Date: 2025-01-31
Form: S-3
Chunk 18
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us is included. The indenture will be subject to and governed by the terms of the Trust Indenture Act of 1939.

We may offer under this prospectus up to an aggregate principal amount of $200,000,000 in debt securities, or if debt securities are issued at a discount, or in a foreign currency, foreign currency units or composite currency, the principal amount as may be sold for an aggregate initial public offering price of up to $200,000,000. Unless otherwise specified in the applicable prospectus supplement, the debt securities will represent direct, unsecured obligations of Beyond Air and will rank equally with all of our other unsecured indebtedness.

The following statements relating to the debt securities and the indenture are summaries, qualified in their entirety by reference to the detailed provisions of the indenture and the final form indenture as may be filed with a future prospectus supplement.

General

We may issue the debt securities in one or more series with the same or various maturities, at par, at a premium, or at a discount. We will describe the particular terms of each series of debt securities in a prospectus supplement relating to that series, which we will file with the SEC.

| 12 |

The prospectus supplement will set forth, to the extent required, the following terms of the debt securities in respect of which the prospectus supplement is delivered:

| ● | the title of the series;                                                                                                              |
| ● | the aggregate principal                                                                                                               
 amount;                                                                                                                               |
| ● | the issue price or prices,                                                                                                            
 expressed as a percentage of the aggregate principal amount of the debt securities;                                                   |
| ● | any limit on the aggregate                                                                                                            
 principal amount;                                                                                                                     |
| ● | the date or dates on which                                                                                                            
 principal is payable;                                                                                                                 |
| ● | the interest rate or rates                                                                                                            
 (which may be fixed or variable) or, if applicable, the method used to determine such rate or rates;                                  |
| ● | the date or dates from                                                                                                                
 which interest, if any, will be payable and any regular record date for the interest payable;                                         |
| ● | the place or places where                                                                                                             
 principal and, if applicable, premium and interest, is payable;                                                                       |
| ● | the terms and conditions                                                                                                              
 upon which we may, or the holders may require us to, redeem or repurchase the debt securities;                                        |
| ● | the denominations in which                                                                                                            
 such debt securities may be issuable, if