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Biotechnology: Commercial Physical & Biological Resarch
ShareholdingApr 30, 2026, 05:12 PM

BIAF Registers 497,483 Shares for Resale by Selling Stockholders

AI Summary

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.
BIAF
Biotechnology: Commercial Physical & Biological Resarch
bioAffinity Technologies, Inc.

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