Beyond Air (XAIR) has disclosed a new risk, in the Share Price & Shareholder Rights category.
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Beyond Air faces significant risks regarding the potential delisting of its common stock from the Nasdaq Capital Market due to non-compliance with the minimum bid price requirement of $1.00 per share. Having already received a compliance extension until August 4, 2025, the company must meet specific criteria, including potentially executing a reverse stock split, to avoid delisting. Failure to maintain its listing could lead to decreased liquidity, a drop in market price, challenges in obtaining financing, and reduced investor interest, all of which could materially impact shareholders. The looming threat of delisting underscores the importance of strategic actions to stabilize the company’s stock price and ensure ongoing compliance with listing standards.
Overall, Wall Street has a Strong Buy consensus rating on XAIR stock based on 5 Buys and 1 Hold.
To learn more about Beyond Air’s risk factors, click here.