SC 13G: Beyond Air, Inc.
Ticker: XAIR · Form: SC 13G · Filed: Oct 3, 2024 · CIK: 1641631
| Field | Detail |
|---|---|
| Company | Beyond Air, Inc. (XAIR) |
| Form Type | SC 13G |
| Filed Date | Oct 3, 2024 |
| Risk Level | low |
| Pages | 10 |
| Reading Time | 12 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sc-13g
AI Summary
SC 13G filing by Beyond Air, Inc..
Risk Assessment
Risk Level: low
FAQ
What type of filing is this?
This is a SC 13G filing submitted by Beyond Air, Inc. (ticker: XAIR) to the SEC on Oct 3, 2024.
What is the risk level of this SC 13G filing?
This filing has been assessed as low risk.
What are the key financial figures in this filing?
Key dollar amounts include: $0.0001 (me of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securiti).
How long is this filing?
Beyond Air, Inc.'s SC 13G filing is 10 pages with approximately 3,035 words. Estimated reading time is 12 minutes.
Where can I view the full SC 13G filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 3,035 words · 12 min read · ~10 pages · Grade level 11.3 · Accepted 2024-10-03 15:09:56
Key Financial Figures
- $0.0001 — me of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securiti
Filing Documents
- beyondair_sc13g.htm (SC 13G) — 190KB
- beyondair_ex99-1.htm (EX-99.1) — 26KB
- beyondair_ex99-2.htm (EX-99.2) — 17KB
- 0001829126-24-006629.txt ( ) — 235KB
Ownership
Item 4. Ownership The information required by Items 4(a) - (c) is set forth in Rows (5) - (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person. Avenue Venture Opportunities Fund, L.P. directly beneficially owns an aggregate of (a) 2,657,149 shares of common stock, par value $0.0001 per share (the “Common Stock”), (b) 2,790,686 shares of Common Stock issuable upon exercise of warrants outstanding, and (c) 156,986 shares of Common Stock issuable upon conversion of outstanding loans, which are convertible at 130% of the Per Share Issue Price (as defined in the loan agreements). Aggregate ownership by Reporting Person is subject to a 9.9% limit at any one time. Avenue Venture Opportunities Fund II, L.P. directly beneficially owns an aggregate of (a) 3,985,723 shares of Common Stock, (b) 4,186,029 shares of Common Stock issuable upon exercise of warrants outstanding, and (c) 235,479 shares of Common Stock issuable upon conversion of outstanding loans, which are convertible at 130% of the Per Share Issue Price (as defined in the loan agreements). Aggregate ownership by Reporting Person is subject to a 9.9% limit at any one time. As the Manager of the Funds, Avenue Capital Management II, L.P., may be deemed to beneficially own securities held by the Funds. As the general partner of Avenue Venture Opportunities Fund, L.P., Avenue Venture Opportunities Partners, LLC may be deemed to beneficially own securities held by the Fund. As the general partner of Avenue Venture Opportunities Fund II, L.P., Avenue Venture Opportunities Partners II, LLC may be deemed to beneficially own securities held by Fund II. As the managing member of Avenue Venture Opportunities Partners, LLC, GL Venture Opportunities Partners, LLC may be deemed to beneficially own securities held by the Fund. As the managing member of Avenue Venture Opportunities Partners II, LLC, GL Venture Opportunities Partners II, L
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class. Not applicable.
Ownership of more than Five Percent on Behalf of Another Person
Item 6. Ownership of more than Five Percent on Behalf of Another Person. Not applicable. Item 7. Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person. Not applicable.
Identification and classification of members of the group
Item 8. Identification and classification of members of the group. Not applicable.
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group. Not applicable.
Certifications
Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. Exhibits and Schedules. Exhibit99.1 Power of Attorney dated January 28, 2019. Exhibit 99.2 Joint Filing Agreement. 11 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: October 3, 2024 Avenue Venture Opportunities Fund, L.P. By: Avenue Venture Opportunities Partners, LLC Its: General Partner By: GL Venture Opportunities Partners, LLC Its: Managing Member By: /s/ Andrew Schinder Name: Andrew Schinder Title: Attorney-in-Fact for Marc Lasry, Member Avenue Venture Opportunities Fund II, L.P. By: Avenue Venture Opportunities Partners II, LLC Its: General Partner By: GL Venture Opportunities Partners II, LLC Its: Managing Member By: /s/ Andrew Schinder Name: Andrew Schinder Title: Attorney-in-Fact for Marc Lasry, Member Avenue Venture Opportunities Partners, LLC By: GL Venture Opportunities Partners, LLC Its: Managing Member By: /s/ Andrew Schinder Name: Andrew Schinder Title: Attorney-in-Fact for Marc Lasry, Member Avenue Venture Opportunities Partners II, LLC By: GL Venture Opportunities Partners II, LLC Its: Managing Member By: /s/ Andrew Schinder Name: Andrew Schinder Title: Attorney-in-Fact for Marc Lasry, Member GL Venture Opportunities Partners, LLC By: /s/ Andrew Schinder Name: Andrew Schinder Title: Attorney-in-Fact for Marc Lasry, Member 12 GL Venture O