Added NEWS
Beyond Air Announces $20.6 Million Private Placement Offering Priced At-the-Market Under Nasdaq Rules
– Financing strengthens balance sheet and is expected to provide sufficient cash runway through June 2026 –
– Retiring $17.5 million in Avenue Capital debt, aided by $11.5 million in new debt from insider-led group; eliminates $12 million in scheduled debt payments through June 2026 –
– Avenue Capital, current insiders, and select group of healthcare-focused investment funds participated in the equity offering –
– Retiring $17.5 million in Avenue Capital debt, aided by $11.5 million in new debt from insider-led group; eliminates $12 million in scheduled debt payments through June 2026 –
– Avenue Capital, current insiders, and select group of healthcare-focused investment funds participated in the equity offering –
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MARKET-TEST-DUMMY : So end of September possibly up then
Jaguar8 OP MARKET-TEST-DUMMY : Will all depend on market sentiment and shorts. Most times, a lot of good news don’t go up either because there was not much market sentiment, there were a lot of better news that day which will run first, or the shorts batter it even before it starts to take off.