Company: XAIR
Filing Date: 2025-06-20
Form Type: 10-K
Source: 0001641172-25-015750
Chunk: 1340

Company: Beyond Air, Inc.
Filing Date: 2025-06-20
Form: 10-K
Item: Item 3
Chunk 1340
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, 2025, effective immediately. During the Company’s two most recent fiscal years
ended March 31, 2024 and 2023 and the subsequent interim periods, neither the Company nor anyone acting on its behalf consulted with Withum
regarding any of the matters described in Items 304(a)(2)(i) and (ii) of Regulation S-K.

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ITEM 9A. CONTROLS AND PROCEDURES

(a) Disclosure Controls and Procedures

We performed an evaluation of
the effectiveness of our disclosure controls and procedures that are designed to ensure that information required to be disclosed in this
Annual Report and filed with the SEC is recorded, processed, summarized and reported timely within the time period specified in the SEC’s
rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information
required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act, is accumulated and communicated
to the issuer’s management, including its principal executive and principal financial officers, or persons performing similar functions,
as appropriate to allow timely decisions regarding required disclosure. There can be no assurance that our disclosure controls and procedures
will detect or uncover all failures of persons within the Company to disclose information otherwise required to be set forth in our reports.
Nevertheless, our disclosure controls and procedures are designed to provide reasonable assurance of achieving the desired control objectives.
Based on our evaluation, our Chief Executive Officer (our principal executive officer) and Chief Financial Officer (our principal financial
officer) have concluded that our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15(d)-15(e) of the Exchange Act)
were effective at such reasonable assurance level as of March 31, 2025.

(b) Management’s Annual
Report on Internal Control over Financial Reporting

Our management is responsible
for establishing and maintaining adequate internal control over financial reporting, as defined in Rules 13a-15(f) and 15d-15(f) under
the Exchange Act. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements.
Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of
changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

Our management, with the participation
of our Chief Executive Officer (our principal executive officer) and Chief Financial Officer (our principal financial officer), conducted
an evaluation of the