Beyond Air® Announces Termination of Agreement to Sell Its NeuroNOS Subsidiary to XTL Biopharmaceuticals Ltd. [Yahoo! Finance]
XTL Biopharmaceuticals Ltd. - American Depositary Shares (XTLB)
US:NASDAQ Investor Relations:
xtlbio.com
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Source: Yahoo! Finance
stage medical device and biopharmaceutical company focused on harnessing the power of nitric oxide (NO) to improve the lives of patients, today announced that the previously disclosed proposed transaction with XTL Biopharmaceuticals Ltd. (“XTL”) relating to Beyond Air's NeuroNOS subsidiary has been terminated. The companies entered into a letter of intent in January 2026 regarding a potential transaction in which XTL would acquire Beyond Air's majority ownership interest in NeuroNOS Ltd. The letter of intent expired on March 9, 2026, in accordance with its terms, and the parties did not enter into a definitive agreement. “While the proposed transaction will not proceed, Beyond Air remains committed to maximizing the value of the NeuroNOS platform,” said Steve Lisi, Chairman and Chief Executive Officer of Beyond Air. “We continue to believe NeuroNOS represents a compelling opportunity based on its proprietary small-molecule platform and development programs targeting neurological d
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- XTL announces receipt of Nasdaq notification [Seeking Alpha]Seeking Alpha
- XTL Announces Receipt of Nasdaq Notification Regarding Minimum Stockholders’ Equity DeficiencyGlobeNewswire
- Top Midday Gainers [Yahoo! Finance]Yahoo! Finance
XTLB
Sec Filings
- 3/17/26 - Form 424B3
- 3/10/26 - Form 6-K
- 2/27/26 - Form 6-K
- XTLB's page on the SEC website