Beyond Air Granted Conditional Nasdaq Listing, Must Comply with Bid Price Rule by July 31
XAIR sits 21% above its 52-week low of $0.381.
Summary
Beyond Air received a conditional approval from Nasdaq to continue its listing, requiring it to meet the $1.00 bid price by July 31, 2026, and face a one-year monitoring period.
Key Events · Corporate Governance and Compliance · XAIR
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Nasdaq Listing Continued
The Nasdaq Hearings Panel granted Beyond Air's request for continued listing, preventing immediate delisting following its appeal on April 15, 2026.
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Bid Price Compliance Deadline
The company must demonstrate compliance with the $1.00 bid price rule (Nasdaq Listing Rule 5550(a)(2)) on or before July 31, 2026.
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One-Year Monitoring Period
Beyond Air will be subject to a strict one-year discretionary panel monitor. Any failure to meet listing standards during this period could result in immediate delisting without a new compliance plan.
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Reverse Stock Split Vote
Shareholders are scheduled to vote on a reverse stock split proposal (1:2 to 1:20) on June 18, 2026, a key step to meet the bid price requirement, as previously disclosed in the DEF 14A on May 5, 2026.
Analysis · XAIR · Industrial Applications And Services
Beyond Air has received a critical decision from the Nasdaq Hearings Panel, allowing it to maintain its listing on Nasdaq, subject to meeting the $1.00 bid price requirement by July 31, 2026. This decision provides a temporary reprieve from immediate delisting, which was a significant risk for the micro-cap company. However, the company will be under a strict one-year monitoring period, where any further non-compliance could lead to immediate delisting without a new compliance plan. Shareholders are scheduled to vote on a reverse stock split on June 18, 2026, which is crucial for meeting the bid price deadline.
How filings like this one have moved
In the 30 days to Sep 15, 2026, 35.6% of the 1100 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, XAIR was trading at $0.46 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $6.2M. The 52-week trading range was $0.38 to $5.84. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.