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

Company: Beyond Air, Inc.
Filing Date: 2025-01-31
Form: S-3
Chunk 3
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 listed.

INVESTING IN OUR SECURITIES INVOLVES A HIGH DEGREE OF RISK. RISKS ASSOCIATED WITH AN INVESTMENT IN OUR SECURITIES WILL BE DESCRIBED IN THE APPLICABLE PROSPECTUS SUPPLEMENT AND CERTAIN OF OUR FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION INCORPORATED BY REFERENCE INTO THIS PROSPECTUS, AS DESCRIBED UNDER “RISK FACTORS” ON PAGE 3.

You should read this prospectus and any applicable prospectus supplement together with additional information described under the heading “Where You Can Find More Information” before you make your investment decision.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

<div align='center'>The date of this prospectus is , 2025.</div>

<div align='center'>TABLE OF CONTENTS</div>

|                                       | Page |
| ABOUT THIS PROSPECTUS                 |   ii |
| FORWARD-LOOKING STATEMENTS            |    1 |
| SUMMARY                               |    2 |
| RISK FACTORS                          |    3 |
| USE OF PROCEEDS                       |    4 |
| PLAN OF DISTRIBUTION                  |    5 |
| GENERAL DESCRIPTION OF OUR SECURITIES |    7 |
| DESCRIPTION OF OUR COMMON STOCK       |    7 |
| DESCRIPTION OF OUR PREFERRED STOCK    |    9 |
| DESCRIPTION OF OUR WARRANTS           |   11 |
| DESCRIPTION OF OUR DEBT SECURITIES    |   12 |
| DESCRIPTION OF OUR UNITS              |   16 |
| WHERE YOU CAN FIND MORE INFORMATION   |   18 |
| INCORPORATION BY REFERENCE            |   18 |
| LEGAL MATTERS                         |   18 |
| EXPERTS                               |   18 |

| i |

<div align='center'>ABOUT THIS PROSPECTUS</div>

This prospectus is a part of a registration statement on Form S-3 that we filed with the Securities and Exchange Commission, or the SEC, using a “shelf” registration process. Under this shelf registration process, we may offer to sell any of the securities, or any combination of the securities, described in this prospectus, in each case in one or more offerings, up to a total dollar amount of $200,000,000.

This