SCHEDULE 13G: Alyeska Investment Group Discloses 9.9% Passive Stake in Beyond Air, Inc.

Alyeska Investment Group, L.P. and its affiliates have disclosed a passive 9.9% beneficial ownership stake in Beyond Air, Inc., totaling 7,146,576 shares of common stock as of December 31, 2024.

Summary

• Alyeska Investment Group, L.P., Alyeska Fund GP, LLC, and Anand Parekh collectively reported beneficial ownership of 7,146,576 shares of Beyond Air, Inc. common stock.
• This stake represents 9.9% of the company's outstanding common stock as of December 31, 2024.
• The percentage calculation is based on an assumed 72,187,636 outstanding shares of Common Stock, as stated in Beyond Air, Inc.'s Prospectus filed on November 12, 2024.
• The reporting persons also hold warrants to purchase 22,599,301 shares, but due to a 9.9% beneficial ownership limitation, they could only exercise warrants for 4,377 shares as of the reporting date.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive due to the disclosure of a significant passive stake by a reputable institutional investor, which can be interpreted as a vote of confidence. However, the document is purely factual and does not contain operational or financial performance details.

Positives

• The disclosure of a significant 9.9% stake by Alyeska Investment Group, a notable institutional investor, may signal confidence in Beyond Air, Inc.
• The investment is stated to be for passive purposes, indicating a long-term, non-activist interest.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding Beyond Air, Inc.'s operational or financial performance.

Industry Context

This filing indicates a significant institutional investment in Beyond Air, Inc., a common occurrence in the public markets where investment groups acquire passive stakes in companies they believe have growth potential. Such disclosures are standard regulatory requirements for investors crossing certain ownership thresholds.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional investor's stake may positively influence market perception and potentially share price due to increased institutional interest and confidence.

Key Dates

Keywords

Beyond Air Inc., Alyeska Investment Group, SEC Filing, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investment, Passive Stake