Brief: Beyond Air Announces $20.6 Million Private Placement Offering Priced At-The-Market Under Nasdaq Rules

Beyond Air

27/09/2024 12:34

Sept 27 (Reuters) - Beyond Air Inc  XAIR.O :
    * BEYOND AIR ANNOUNCES $20.6 MILLION PRIVATE PLACEMENT
OFFERING
PRICED AT-THE-MARKET UNDER NASDAQ RULES
    * BEYOND AIR INC - PRIVATE PLACEMENT OFFERING OF 40.4
MILLION
SHARES AT $0.51 PER SHARE
    * BEYOND AIR INC: FINANCING STRENGTHENS BALANCE SHEET AND IS
EXPECTED TO PROVIDE SUFFICIENT CASH RUNWAY THROUGH JUNE 2026
    * BEYOND AIR INC - ENTERS $11.5 MILLION ROYALTY FUNDING
AGREEMENT

Source text for Eikon:  ID:nGNX4MmzMx 
Further company coverage:  XAIR.O 

 ((Reuters.Briefs@thomsonreuters.com;))