RegulatoryAug 6, 2026, 04:48 PM
Beyond Air Regains Nasdaq Compliance, Faces 1-Year Monitor
AI Summary
Beyond Air, Inc. has regained compliance with Nasdaq's minimum bid price requirement following a 1-for-20 reverse stock split effected on July 13, 2026. Nasdaq confirmed compliance on August 6, 2026, noting the company's stock traded above $1.00 for 17 consecutive days. However, Nasdaq has imposed a one-year Discretionary Panel Monitor, during which the company will not be permitted to submit a plan of compliance for any future deficiencies.
Key Highlights
- Received Nasdaq non-compliance notice on April 7, 2026.
- Nasdaq Panel granted continued listing until July 31, 2026.
- Effected 1-for-20 reverse stock split on July 13, 2026.
- Regained Nasdaq compliance confirmed on August 6, 2026.
- Bid price above $1.00 for 17 consecutive trading days.
- Nasdaq imposed 1-year Discretionary Panel Monitor.
- No compliance plan permitted during monitor period.
Price Impact
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