Beyond Air finalizes a 1-for-20 reverse stock split, effective July 13, to regain Nasdaq compliance
XAIR sits 29% above its 52-week low of $0.335 on light trading volume (0.3× avg).
Summary
Beyond Air finalizes its 1-for-20 reverse stock split, effective July 13, to lift its share price above $1.00 and regain Nasdaq compliance ahead of a July 31 deadline.
Key Events · Corporate Governance and Compliance · XAIR
-
Reverse Stock Split Effective July 13
A 1-for-20 reverse stock split takes effect at 12:01 a.m. ET on July 13, 2026, with shares trading on a split-adjusted basis that day under the existing symbol XAIR.
-
Nasdaq Compliance Deadline Looms
Designed to raise the bid price above $1.00, the reverse split aims to meet Nasdaq Listing Rule 5550(a)(2). Regaining compliance requires the stock to trade at or above $1.00 for 10 consecutive days, with a July 31, 2026 deadline.
-
Fractional Shares Rounded Up
No fractional shares will be issued; instead, any fractional interest resulting from the split will be rounded up to the next whole share at the participant level, avoiding cash payments.
-
Authorized Shares Unchanged
The reverse split does not alter the number of authorized shares (500 million common, 10 million preferred) or the par value, preserving the company's ability to issue additional shares in the future.
Analysis · XAIR · Industrial Applications And Services
To regain Nasdaq listing compliance, Beyond Air is executing a 1-for-20 reverse stock split effective July 13, 2026. The company received a delisting notice in April for failing to maintain a $1.00 bid price and has been working toward this reverse split, which shareholders approved on June 18. The split will reduce the outstanding share count and mechanically lift the stock price above $1.00, but the company must still trade above that level for 10 consecutive days to satisfy Nasdaq. With a going concern warning and a market cap of just $6.4 million, the reverse split is a critical survival move — failure to regain compliance by the July 31 deadline would trigger delisting. The filing confirms the new CUSIP and that fractional shares will be rounded up, avoiding cash payments.
At the time of this filing, XAIR was trading at $0.43 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $6.4M. The 52-week trading range was $0.33 to $4.78. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.