Beyond Air faces Nasdaq delisting after shares trade below $1 bid price

Reuters04-11 04:32

<a href="https://laohu8.com/S/XAIR">Beyond Air</a> faces Nasdaq delisting after shares trade below $1 bid price

Beyond Air received Nasdaq notice April 7, 2026 for failing to meet $1 minimum bid price under Listing Rule 5550(a)(2).
Noncompliance was triggered by 30 consecutive business days below $1 from Feb. 23, 2026 to April 6, 2026.
Nasdaq said Beyond Air is not eligible for standard 180-day cure period because it completed a 1-for-20 reverse split on July 14, 2025.
Nasdaq warned shares face delisting unless Beyond Air requests a hearing by April 14, 2026; a timely request would stay delisting pending panel decision.
Beyond Air is weighing steps to regain compliance, including another reverse stock split.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beyond Air Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-016172), on April 10, 2026, and is solely responsible for the information contained therein.

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