Company: XAIR
Filing Date: 2025-02-14
Form Type: 424B5
Source: 0001493152-25-006903
Chunk: 31

Company: Beyond Air, Inc.
Filing Date: 2025-02-14
Form: 424B5
Chunk 31
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 to cover short positions. Those activities may cause the price of the securities to be higher than it would otherwise be. If commenced, the underwriters may discontinue any of the activities at any time.

Any underwriters that are qualified market makers on the Nasdaq Stock Market may engage in passive market making transactions in the common stock on the Nasdaq Stock Market in accordance with Regulation M under the Securities Exchange Act of 1934, as amended, or the Exchange Act, during the business day prior to the pricing of the offering, before the commencement of offers or sales of the common stock. Passive market makers must comply with applicable volume and price limitations and must be identified as passive market makers. In general, a passive market maker must display its bid at a price not in excess of the highest independent bid for such security; if all independent bids are lowered below the passive market maker’s bid, however, the passive market maker’s bid must then be lowered when certain purchase limits are exceeded. Passive market making may stabilize the market price of the securities at a level above that which might otherwise prevail in the open market and, if commenced, may be discontinued at any time.

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<div align='center'>GENERAL DESCRIPTION OF OUR SECURITIES</div>

We may offer and sell, at any time and from time to time:

| ● | shares of our common stock;                                  |
| ● | shares of our preferred                                      
 stock;                                                       |
| ● | warrants to purchase shares                                  
 of our common stock, preferred stock and/or debt securities; |
| ● | debt securities consisting                                   
 of debentures, notes or other evidences of indebtedness;     |
| ● | units consisting of a combination                            
 of the foregoing securities; or                              |
| ● | any combination of these                                     
 securities.                                                  |

The terms of any securities we offer will be determined at the time of sale. We may issue debt securities that are exchangeable for and/or convertible into common stock or any of the other securities that may be sold under this prospectus. When particular securities are offered by us, a supplement to this prospectus will be filed with the SEC, which will describe the terms of the offering and sale of the offered securities.

<div align='center'>DESCRIPTION OF OUR COMMON STOCK</div>

The following summary of the terms of our common stock is subject to and qualified in its entirety by reference to our certificate of incorporation and bylaws, copies of which are on file with the SEC as exhibits to previous filings with the SEC. Please refer