Company: XAIR
Filing Date: 2025-06-20
Form Type: 10-K
Source: 0001641172-25-015750
Chunk: 216

Company: Beyond Air, Inc.
Filing Date: 2025-06-20
Form: 10-K
Item: Item 14
Chunk 216
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 $0.38  
     -  
    September 2029
  
    September 2024 debt instrument 
     15,159,504  
    $0.38  
     -  
    September 2029
  
    Sub-total 
     65,098,984  
    $0.67  
    $-  

    Pre-funded warrants 
     12,127,247  
    $0.0001  
    $3,273  
    September 2029
  
    Total 
     77,226,231  
    $0.56  
    $3,273  

On September 30, 2024, warrants to purchase up to
an aggregate of 40,848,711 of Company common stock were issued to certain institutional and accredited investors, including certain directors
and officers of the Company at an exercise price of $0.3793 per common stock warrant. The warrant exercise price was calculated at the
closing share price for September 26, 2024. 961,630 warrants were exercised in the year ended March 31, 2025.

On September 30, 2024, warrants to purchase up to
15,848,712 of Company common stock were issued to with certain institutional and accredited investors, including certain directors and
officers of the Company at an exercise price of $0.0001 per common stock warrant. 3,721,465 warrants were exercised in the year ended
March 31, 2025.

On September 30, 2024, warrants to purchase up to
an aggregate of 15,159,504 of Company common stock were issued as part of a secured loan with certain lenders including its Chief Executive
Officer Steven Lisi and director Robert Carey at an exercise price of $0.3793 per common stock warrant. The warrant exercise price was
calculated at the closing share price for September 26, 2024. No warrants were exercised in this period.

On June 21, 2024, warrants to purchase up to an aggregate
of 100,000 of Company common stock were issued to Avenue Venture Opportunities Fund, L.P., a Delaware limited partnership (“Avenue”),
and Avenue Venture Opportunities Fund II, L.P., a Delaware limited partnership (“Avenue 2” and, together with Avenue, the “Lenders”)
in return for extending the interest-only period for an additional 6 months on the