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Beyond Air ( (XAIR) ) has issued an announcement.
Beyond Air, Inc. announced on February 5, 2025, that it received an additional 180-day extension from Nasdaq to meet the minimum bid price requirement of $1 per share, which is crucial for maintaining its listing on the Nasdaq Capital Market. Despite failing to comply within the initial period ending February 4, 2025, the company was granted more time due to its compliance with other listing criteria and plans to address the deficiency, potentially through a reverse stock split. The extension allows the company’s stock to continue trading without immediate impact while efforts…
