
BIAF Registers 497,483 Shares for Resale by Selling Stockholders
bioAffinity Technologies, Inc. filed an S-1 registration statement for the resale of up to 497,483 shares of common stock by selling stockholders. These shares comprise 365,603 warrant shares and 131,880 conversion shares from Series B Convertible Preferred Stock, resulting from anti-dilution adjustments. The company will not receive proceeds from the sale of these shares by selling stockholders, but could receive approximately $1.6 million if all warrants are exercised for cash. BIAF's common stock trades on The Nasdaq Capital Market under the symbol "BIAF", with a last reported sale price of $2.43 on April 29, 2026. The filing also noted recent business developments, including 146% growth in CyPath® Lung diagnostic unit sales in Q1 2026 and the enrollment of the first patient in a new lung cancer clinical trial.
Key Highlights
- bioAffinity Technologies registered 497,483 shares for resale by selling stockholders.
- This includes 365,603 Warrant Shares and 131,880 Conversion Shares from Series B Preferred Stock.
- Company will not receive proceeds from stock sales, but may receive $1.6M from warrant exercises.
- BIAF Common Stock is traded on The Nasdaq Capital Market.
- Last reported sale price on April 29, 2026, was $2.43 per share.
- Q1 2026 CyPath® Lung diagnostic unit sales grew 146% YoY.
- First patient enrolled in new lung cancer clinical trial (NCT07168993) in March 2026.
- Research operations are relocating from UTSA to privately owned laboratory space.