Beyond Air Inc
For the period ended Dec 31, 2023. Filed Feb 12, 2024.
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Dec 31, 2023 · Filed Feb 12, 2024
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ITEM 1A. Risk Factors
Conditions in Israel may materially and adversely affect the Company’s business.
In October 2023, Hamas conducted several terrorist attacks in Israel resulting in ongoing war across the country, forcing the closure of the Company’s offices in Israel for several days. Any armed conflicts, terrorist activities or political instability involving Israel or other countries in the region could adversely affect the Company’s business. Moreover, the Company has a significant number of employees located in Israel. The Company’s operations could also be disrupted by the absence for significant periods of one or more key employees or a significant number of other employees because of military service. While there are business continuity plans in place to address the military call-ups, any of these circumstances could have a material adverse effect on the Company’s business.
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