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Beyond Air, Inc. 8-K Report: Key Updates from December 17, 2024

$XAIR
Form 8-K
Filed on: 2024-12-20
Source
Beyond Air, Inc. 8-K Report: Key Updates from December 17, 2024

Based on the provided section of the financial report, here are the key pieces of information and insights:

  1. Company Information:
  • Name: Beyond Air, Inc.
  • CIK: 0001641631
  • Address: 900 Stewart Avenue Suite 301, Garden City, NY 11530
  • Phone Number: (516) 665-8200
  • Stock Ticker: XAIR
  • Exchange: NASDAQ
  1. Report Type:
  • The filing is an 8-K, which is typically used to report major events that shareholders should know about.
  1. Filing Date:
  • The report is dated December 17, 2024, indicating a specific event or update on this date.
  1. Common Stock Details:
  • Par Value: $0.0001 per share
  • The report references common stock, which suggests it may contain information relevant to shareholders, such as stock performance or corporate actions.
  1. Contextual Information:
  • The report operates under the XBRL (eXtensible Business Reporting Language) format, indicating it is structured for easy analysis and integration into financial systems.
  1. Period Covered:
  • The report states that the period covered is specifically for the date of December 17, 2024, implying it may cover a specific event or transaction occurring on that date.
  1. Financial Metrics:
  • The report uses USD as the currency for financial measures, which is important for context regarding revenue, expenses, or stock valuations.
  1. Schema Reference:
  • The report references a schema file (xair-20241217.xsd), which likely contains the structure and definitions used for the XBRL data, aiding in the interpretation of the report’s contents.

Insights:

  • Given the 8-K filing nature, it is crucial to analyze the detailed events or corporate actions reported on December 17, 2024. This could include changes in management, financial performance updates, acquisition news, or other significant events that could impact stock performance.
  • Investors and analysts should monitor the stock's performance following this report, particularly if it includes news that could influence market perception or company valuation.
  • The low par value of the stock ($0.0001) may indicate a high number of shares outstanding or a focus on accessibility for investors.

Overall, the report provides foundational data about Beyond Air, Inc. that stakeholders can utilize for further analysis or decision-making.