Company: XAIR
Filing Date: 2025-02-14
Form Type: 424B5
Source: 0001493152-25-006903
Chunk: 37

Company: Beyond Air, Inc.
Filing Date: 2025-02-14
Form: 424B5
Chunk 37
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| ● | the terms and conditions,                                                                                                             
 if any, for conversion into or exchange for shares of our common stock or preferred stock;                                            |
| ● | any depositaries, interest                                                                                                            
 rate calculation agents, exchange rate calculation agents or other agents; and                                                        |
| ● | the terms and conditions,                                                                                                             
 if any, upon which the debt securities shall be subordinated in right of payment to other indebtedness of Beyond Air.                 |

| 13 |

We may issue discount debt securities that provide for an amount less than the stated principal amount to be due and payable upon acceleration of the maturity of such debt securities in accordance with the terms of the indenture. We may also issue debt securities in bearer form, with or without coupons. If we issue discount debt securities or debt securities in bearer form, we will describe material U.S. federal income tax considerations and other material special considerations that apply to these debt securities in the applicable prospectus supplement.

We may issue debt securities denominated in or payable in a foreign currency or currencies or a foreign currency unit or units. If we do, we will describe the restrictions, elections, and general tax considerations relating to the debt securities and the foreign currency or currencies or foreign currency unit or units in the applicable prospectus supplement.

Exchange and/or Conversion Rights

We may issue debt securities which can be exchanged for or converted into shares of our common stock or preferred stock. If we do, we will describe the terms of exchange or conversion in the prospectus supplement relating to these debt securities.

Transfer and Exchange

We may issue debt securities that will be represented by either:

| ● | “book-entry securities,”                                                                                                          
 which means that there will be one or more global securities registered in the name of a depositary or a nominee of a depositary; 
 or                                                                                                                                |
| ● | “certificated securities,”                                                                                                        
 which means that they will be represented by a certificate issued in definitive registered form.                                  |

We will specify in the prospectus supplement applicable to a particular offering whether the debt securities offered will be book-entry or certificated securities.

Certificated Debt Securities

If you hold certificated debt securities issued under an indenture, you may transfer or exchange such debt securities in accordance with the terms of the indenture. You will not be charged a service charge for any transfer or exchange of certificated debt securities but may be required to pay an amount sufficient to cover any tax or other governmental charge payable in connection with such transfer or exchange.

Global Securities