Beyond Air Changes Auditors to CohnReznick LLP
Ticker: XAIR · Form: 8-K · Filed: Dec 20, 2024 · CIK: 1641631
| Field | Detail |
|---|---|
| Company | Beyond Air, Inc. (XAIR) |
| Form Type | 8-K |
| Filed Date | Dec 20, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, accounting
TL;DR
Beyond Air swapped PwC for CohnReznick as their auditor, effective Dec 17, 2024.
AI Summary
Beyond Air, Inc. announced on December 17, 2024, a change in its certifying accountant. The company's Audit Committee has dismissed PricewaterhouseCoopers LLP as its independent registered public accounting firm and has appointed CohnReznick LLP as the new principal accountant. This change is effective immediately.
Why It Matters
A change in auditors can sometimes signal underlying issues or a strategic shift within a company, potentially impacting investor confidence.
Risk Assessment
Risk Level: medium — Changes in auditors can sometimes precede or coincide with financial reporting issues or strategic shifts, warranting closer scrutiny.
Key Players & Entities
- Beyond Air, Inc. (company) — Registrant
- PricewaterhouseCoopers LLP (company) — Former Certifying Accountant
- CohnReznick LLP (company) — New Certifying Accountant
- December 17, 2024 (date) — Date of earliest event reported
FAQ
Why was PricewaterhouseCoopers LLP dismissed as Beyond Air's certifying accountant?
The filing does not provide specific reasons for the dismissal of PricewaterhouseCoopers LLP, only that the decision was made by the Audit Committee.
When did the change in certifying accountant become effective?
The change in certifying accountant became effective on December 17, 2024.
Who is Beyond Air's new principal accountant?
Beyond Air, Inc. has appointed CohnReznick LLP as its new principal accountant.
Has Beyond Air had any disagreements with PricewaterhouseCoopers LLP?
The filing states that there were no disagreements or reportable events between Beyond Air, Inc. and PricewaterhouseCoopers LLP.
What is the CIK number for Beyond Air, Inc.?
The Central Index Key (CIK) number for Beyond Air, Inc. is 0001641631.
Filing Stats: 845 words · 3 min read · ~3 pages · Grade level 12.7 · Accepted 2024-12-20 16:00:12
Filing Documents
- form8-k.htm (8-K) — 41KB
- ex16-1.htm (EX-16.1) — 5KB
- 0001493152-24-051040.txt ( ) — 219KB
- xair-20241217.xsd (EX-101.SCH) — 3KB
- xair-20241217_lab.xml (EX-101.LAB) — 33KB
- xair-20241217_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BEYOND AIR, Inc. Date: December 20, 2024 By: /s/ Steven A. Lisi Name: Steven A. Lisi Title: Chief Executive Officer