Beyond Air Announces Termination of the Loan and Security Agreements with Avenue Capital [Yahoo! Finance]
Beyond Air, Inc. (XAIR)
Company Research
Source: Yahoo! Finance
– Eliminating $12 million in scheduled debt payments through June 2026 – – $11.5 million loan agreement defers payment of principal and interest through June 2026 - – 60% increase in the number of hospital contracts since July 1, 2024, including U.S. Naval Hospital Guam – GARDEN CITY, N.Y., Sept. 27, 2024 (GLOBE NEWSWIRE) -- Beyond Air, Inc. (NASDAQ: XAIR) (“Beyond Air” or the “Company”), a commercial stage medical device and biopharmaceutical company focused on harnessing the power of endogenous and exogenous nitric oxide (NO) to improve the lives of patients, today announced that it has terminated the loan and security agreements with Avenue Capital and entered into an $11.5 million loan agreement with an insider-led investor group. “These transactions, along with today's announced equity raise, immediately strengthen our balance sheet, eliminate debt payments through mid-2026, extend our cash runway, and allow us to continue the momentum of our recent commercial efforts fo
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XAIR
News
- Beyond Air to Participate in the Piper Sandler 36th Annual Healthcare Conference [Yahoo! Finance]Yahoo! Finance
- Beyond Air to Participate in the Piper Sandler 36th Annual Healthcare ConferenceGlobeNewswire
- Beyond Air® Reports Fiscal Second Quarter 2025 Financial Results and Provides Corporate UpdateGlobeNewswire
- Beyond Cancer Presents Promising Preclinical Data on Low Volume Ultra-High Concentration Nitric Oxide (LV UNO) Therapy at the 2024 Society for Immunotherapy of Cancer (SITC) Annual MeetingGlobeNewswire
- Beyond Air Inc (XAIR) Q2 2025 Earnings Report Preview: What To Expect [Yahoo! Finance]Yahoo! Finance
XAIR
Earnings
- 11/11/24 - Beat
XAIR
Sec Filings
- 11/21/24 - Form S-3/A
- 11/18/24 - Form 8-K
- 11/12/24 - Form 10-Q
- XAIR's page on the SEC website