Beyond Air (NASDAQ: XAIR) appoints Denton Dewrell as finance chief officer

Rhea-AI Filing Summary

Beyond Air, Inc. appointed Denton "Duke" Dewrell as its principal financial officer and principal accounting officer on December 8, 2025.

Dewrell, age 39, has been the company’s Global Controller since April 2025, after serving as U.S. Controller from August 2024 and as Head of Finance and Controller of Beyond Cancer Ltd., a majority owned subsidiary, since August 2023.

He previously held senior finance roles at Updater Inc. and spent more than ten years in public accounting at Ernst & Young LLP. In his new role, he will continue to receive base compensation of $260,000 per year and participate in Beyond Air’s and Beyond Cancer’s equity incentive plans.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): December 8, 2025

Beyond Air, Inc.

(Exact Name of Registrant as Specified in Charter)

Delaware		001-38892		47-3812456
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

900 Stewart Avenue, Suite 301

Garden City, NY 11530

(Address of Principal Executive Offices and Zip Code)

(516) 665-8200

Registrant’s Telephone Number, Including Area Code

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $.0001 per share		XAIR		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 8, 2025, Beyond Air, Inc. (the “Company”) appointed Denton “Duke” Dewrell as its principal financial officer and principal accounting officer. Mr. Dewrell, age 39, has served as the Global Controller of the Company since April 2025. Prior to this role, he served as the Company’s U.S. Controller beginning in August 2024 and as Head of Finance and Controller of Beyond Cancer Ltd., (“Beyond Cancer”) a majority owned subsidiary of the Company, since August 2023. Prior to joining the Company, Mr. Dewrell served as Vice President, Corporate Controller at Updater Inc., a relocation and real estate technology company, from July 2021 to August 2023. Earlier in his career, Mr. Dewrell spent more than ten years in public accounting at Ernst & Young LLP, where he held positions of increasing responsibility in the audit and assurance practice from March 2011 to June 2021. Mr. Dewrell holds a Master of Accounting and a Bachelor of Science in Accounting from the University of Florida and is a certified public accountant in Florida and Georgia. Mr. Dewrell will continue to receive his current base compensation of $260,000 per year and to participate in the Company’s and Beyond Cancer’s equity incentive plans.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
104		Cover Page Interactive Data File (embedded within the inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	BEYOND AIR, Inc.
Date: December 11, 2025	By:	/s/ Steven A. Lisi
	Name:	Steven A. Lisi
	Title	Chief Executive Officer

FAQ

What executive change did Beyond Air (XAIR) report on December 8, 2025?

Beyond Air appointed Denton "Duke" Dewrell as its principal financial officer and principal accounting officer on December 8, 2025.

What roles has Denton Dewrell previously held at Beyond Air (XAIR) and its subsidiary?

Dewrell has served as Global Controller of Beyond Air since April 2025, U.S. Controller since August 2024, and Head of Finance and Controller of Beyond Cancer Ltd., a majority owned subsidiary, since August 2023.

What is Denton Dewrell’s compensation in his new role at Beyond Air (XAIR)?

In his new role, Dewrell will continue to receive base compensation of $260,000 per year and participate in Beyond Air’s and Beyond Cancer’s equity incentive plans.

What prior experience does Denton Dewrell bring to Beyond Air (XAIR)?

Before joining Beyond Air, Dewrell was Vice President, Corporate Controller at Updater Inc. from July 2021 to August 2023 and spent more than ten years in public accounting at Ernst & Young LLP.

What are Denton Dewrell’s professional qualifications relevant to his role at Beyond Air (XAIR)?

Dewrell holds a Master of Accounting and a Bachelor of Science in Accounting from the University of Florida and is a certified public accountant in Florida and Georgia.