Filing Details
- Accession Number:
- 0001654954-23-001720
- Form Type:
- 13G Filing
- Publication Date:
- 2023-02-13 19:00:00
- Filed By:
- Mosseri Marlio Charles
- Company:
- Beyond Air Inc. (NASDAQ:XAIR)
- Filing Date:
- 2023-02-14
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Charles Mosseri Marlio | 3,018,707 | 0 | 3,018,707 | 9. | 3,018,707 | 9.99% |
Filing
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under
the Securities Exchange Act of 1934
| Beyond
Air, Inc. |
| (Name
of Issuer) |
| Common
Stock, par value $0.0001 per share |
| (Title
of Class of Securities) |
| 08862L103 |
| (CUSIP
Number) |
| December
31, 2022 |
| (Date
of Event Which Requires Filing of this Statement) |
Check
the appropriate box to designate the rule pursuant to which this
Schedule is filed
| ☐ | Rule
13d-1(b) |
| ☑ | Rule
13d-1(c) |
| ☐ | Rule
13d-1(d) |
The
remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject
class of securities, and for any subsequent amendment containing
information which would alter the disclosures provided in a prior
cover page.
The
information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 ("Act") or otherwise subject to the
liabilities of that section of the Act but shall be subject to all
other provisions of the Act (however, see the Notes).
| 1. | Names
of Reporting Persons. I.R.S.
Identification Nos. of above persons (entities only). Charles
Mosseri Marlio | |
| 2. | Check
the Appropriate Box if a Member of a Group (See
Instructions) (a)
☐ (b)
☐ | |
| 3. | SEC Use
Only | |
| 4. | Citizenship
of Place of Organization | |
| Number
of Shares Beneficially Owned
by Each Reporting
Person With | 5. | Sole
Voting Power 3,018,707* |
| 6. | Shared
Voting Power 0 | |
| 7. | Sole
Dispositive Power 3,018,707* | |
| 8. | Shared
Dispositive Power | |
| 9. | Aggregate
Amount Beneficially Owned by each Reporting Person 3,018,707 | |
| 10. | Check
if the Aggregate Amount in Row (9) Excludes Certain Shares
☐ | |
| 11. | Percent
of Class Represented by Amount in Row 9 9.99%** | |
| 12. | Type of
Reporting Person (See Instructions) IN | |
*Includes
108,816 shares of common stock issuable upon exercise of the
warrants issued to Mr. Mosseri Marlio in connection with a facility
agreement with certain lenders in March 2020 (the
“Warrants”).
**Calculated
based on 30,091,307 shares outstanding as of February 9, 2023 as
provided in the Issuer’s Form 10-Q filed on February 10,
2023, plus 108,816 shares of common stock issuable upon exercise of
the Warrants. The provisions of the Warrants restrict the exercise
of such securities to the extent that, upon such exercise, the
number of shares then beneficially owned by the holder would exceed
9.99% of the total number of shares of the Issuer then outstanding
(the “Ownership Cap”). Accordingly, notwithstanding the
number of shares reported, the reporting person disclaims
beneficial ownership of the shares of common stock issuable upon
exercise of the Warrants to the extent that upon such exercise the
number of shares beneficially owned by the reporting person, in the
aggregate, would exceed the Ownership Cap.
Item
l(a). Name of Issuer:
Beyond
Air, Inc.
Item
l(b). Address of Issuer's Principal Executive Offices:
900
Stewart Avenue, Suite 301
Garden
City, NY 11530
Item
2(a) & (b). Name and Principal Business Offices of Persons
Filing:
Charles
Mosseri-Marlio
27
Ripplevale Grove
London
N1 1HS, UK
Item
2(c). Citizenship:
United
Kingdom
Item
2(d). Title of Class of Securities:
Common
Stock, par value $0.0001 per share
Item
2(e). CUSIP Number:
08862L103
Item 3.
If this statement is filed pursuant to
§§240.13d–1(b) or 240.13d–2(b) or (c), check
whether the person filing is a:
(a) [ ]
Broker or dealer registered under section 15 of the Act (15 U.S.C.
78o).
(b) [ ]
Bank as defined in section 3(a)(6) of the Act (15 U.S.C.
78c).
(c) [ ]
Insurance company as defined in section 3(a)(19) of the Act (15
U.S.C. 78c).
(d) [ ]
Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C 80a–8).
(e) [ ]
An investment adviser in accordance with
§240.13d–1(b)(1)(ii)(E);
(f) [ ]
An employee benefit plan or endowment fund in accordance with
§240.13d–1(b)(1)(ii)(F);
(g) [ ]
A parent holding company or control person in accordance with
§240.13d–1(b)(1)(ii)(G);
(h) [ ]
A savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ]
A church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of
1940 (15 U.S.C. 80a–3);
(j) [ ]
Group, in accordance with
§240.13d–1(b)(1)(ii)(J).
Item 4. Ownership.
(a)
Amount beneficially
owned:
3,018,707*
(b)
Percent of
Class:
9.99%**
(c)
Number
of shares as to which such person has:
(i)
sole
power to vote or to direct the vote:
3,018,707
(ii)
shared
power to vote or to direct the vote:
0
(iii)
sole
power to dispose or to direct the disposition of:
3,018,707
(iv)
shared
power to dispose or to direct the disposition of:
0
5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial
owner of more than 5 percent of the class of securities, check the
following [ ].
6. Ownership of More than Five Percent on Behalf of Another
Person.
Not Applicable
7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company or Control Person.
N/A
8. Identification and Classification of Members of the
Group.
N/A
9. Notice of Dissolution of Group.
N/A
*Includes
108,816 shares of common stock issuable upon exercise of the
warrants issued to Mr. Mosseri Marlio in connection with a facility
agreement with certain lenders in March 2020 (the
“Warrants”).
**Calculated
based on 30,091,307 shares outstanding as of February 9, 2023 as
provided in the Issuer’s Form 10-Q filed on February 10,
2023, plus 108,816 shares of common stock issuable upon exercise of
the Warrants. The provisions of the Warrants restrict the exercise
of such securities to the extent that, upon such exercise, the
number of shares then beneficially owned by the holder would exceed
9.99% of the total number of shares of the Issuer then outstanding
(the “Ownership Cap”). Accordingly, notwithstanding the
number of shares reported, the reporting person disclaims
beneficial ownership of the shares of common stock issuable upon
exercise of the Warrants to the extent that upon such exercise the
number of shares beneficially owned by the reporting person, in the
aggregate, would exceed the Ownership Cap.
10. Certification. 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.
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:
February 14, 2023 | By: | /s/
Charles Mosseri
Marlio | |
| | Name: |
Charles Mosseri Marlio | |
| | | | |