BIAF · United States
Cash Position
The company is cashflow positive based on quarterly cash flow of N/A
Commentary on Financial Condition
the company does not currently have sufficient cash and capital resources to sustain its operations long-term. As of December 31, 2024, the company had $1.1 million in cash, and despite raising an additional $1.4 million in February 2025, it anticipates needing more capital to continue operations beyond April 2025. The company has been using more cash than it generates, with a net cash outflow from operations of $7.1 million in 2024. It is actively seeking additional funding through equity or debt financing, strategic partnerships, or grants to support its business plan and commercialization efforts. The company's auditors have expressed doubt about its ability to continue as a going concern, meaning there is uncertainty about its financial stability without additional capital. -- Filed At 3/31/2025
Former Symbols
No former symbols for BIAF
Nasdaq Compliance
bioAffinity Technologies, Inc. received a notice from Nasdaq on February 7, 2025, indicating non-compliance with the minimum bid price requirement of $1.00 for 30 consecutive business days. The company has until August 6, 2025, to regain compliance with this requirement. Filed At: 2025-03-31.
Previous Splits
Disclaimer: Data was sourced from filings using AI and may occasionally contain errors. Data is split adjusted
In the money
potentially in play
out of play
Pending Offering
Warrants
(shareholder approval required) February 2025 - New Warrants
$0.85
$0.00
Empery, Bigger Capital, District 2, L1
The New Warrants are exercisable upon stockholder approval and will expire five years from the date of such approval.
October 2024 - Common Warrants
$0.58
$0.00
Empery, Bigger Capital, District 2, L1
Exercise price reduced from $1.50 to $0.58 on 2/25/25 (424B5). Partially exercised on 2/27/25
August 2024 - Warrants
$0.58
$0.00
Empery, Bigger Capital, District 2, L1
March 2024 - Warrants
$1.25
$0.00
Ionic, District 2, Bigger Capital, L1
September 2022 - Warrants
$3.06
$0.00
Empery, Bigger Capital, District 2, L1
September 2022 - Warrants
$3.06
$0.00
Westpark
Convertibles
ATM
Shelf
Equity Line
Completed Offerings
Shares amount: 1,801,944 | Warrants amount: 1,302,082 | Warrants exercise price: $0.58
-
424B5
REGISTERED DIRECT OFFERING, PRIVATE PLACEMENT
$1.30
8-K
Shares amount: 1,632,000 | Warrants amount: 1,600,000 | Warrants exercise price: $1.25 | Selling shareholder details: The Existing Warrants were purchased by investors in a private placement transaction on or about March 8, 2024.
-
424B5
SHELF OFFERING | Shares amount: 1,600,000 | Share price: $1.56 | Warrants amount: 1,600,000 | Warrants exercise price: $1.64 | Offering amount: $2,500,000.00 | Float: 6,332,652 | Amount sold to date: $0.00
$1.5625
424B5
IPO
$6.125
424B4
Tokens
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