Company: XAIR
Filing Date: 2025-06-20
Form Type: 10-K
Source: 0001641172-25-015750
Chunk: 1121

Company: Beyond Air, Inc.
Filing Date: 2025-06-20
Form: 10-K
Item: Item 1C
Chunk 1121
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3,007,664 pre-funded warrants and 5,948,840 warrants to purchase common stock. 

    (9)
    Includes
    506,321 pre-funded warrants, 5,356,805 warrants and 1,767,500 vested options to purchase common stock.

    (10)
    Includes
    151,605 vested options to purchase common stock.

    (11)
    Includes
    506,321 pre-funded warrants, 12,471,990 warrants and 141,000 vested options to purchase common stock.

    (12)
    Includes
    148,750 vested options to purchase common stock.

    (13)
    Includes
    143,750 vested options to purchase common stock.

    (14)
    Includes
    300,000 vested options to purchase common stock.

    (15)
    Includes
    12,048 warrants and 206,250 vested options to purchase common stock.

97

Equity
Compensation Plan Information

Until
November 22, 2024, we maintained the Sixth Amended and Restated 2013 Beyond Air Equity Incentive Plan. As of November 22, 2024, we maintain
the Seventh Amended and Restated 2013 Beyond Air Equity Incentive Plan (the “2013 BA Plan”). The 2013 BA Plan provides for
the grant of incentive stock options, non-statutory stock options, restricted stock awards, restricted stock unit awards, stock appreciation
rights, performance share awards, and other stock-based awards (collectively, the “stock awards”). Stock awards may be granted
under the 2013 BA Plan to our employees, directors and consultants, other than incentive stock options which may only be granted to employees
of the Company. The maximum number of shares of common stock available for issuance under the 2013 BA Plan is 16,600,000 shares.

On
November 22, 2024, the Board of Directors approved a one-time stock option repricing of 10,586,473 options (“Option Repricing”),
effective November 22, 2024 (“Effective Date”), in accordance with 2013 BA Plan. Pursuant to the Option Repricing, all options
granted pursuant to the 2013 BA Plan that were held by Company Board members, officers, and employees expected to continue providing
services to the Company were repriced, to the extent such options had an exercise price in excess of $0.54,