bioAffinity Technologies Announces Pricing of $2.66 Million Registered Direct Offering & Concurrent Private Placement
bioAffinity Technologies, Inc. (BIAF)
Company Research
Source: Business Wire
SAN ANTONIO--(BUSINESS WIRE)--bioAffinity Technologies, Inc. (Nasdaq: BIAF; BIAFW), a biotechnology company focused on the need for noninvasive tests for the detection of early-stage cancer, today announced it has entered into a securities purchase agreement with institutional investors for the purchase and sale of 2,048,294 shares (the “Shares”) of common stock in a registered direct offering at a price of $1.30 per share and, in a concurrent private placement, common warrants (the “Warrants”) to purchase up to 2,662,782 shares of common stock at an exercise price of $1.50 per common share. The Warrants are initially exercisable on the date that the Company’s stockholders approve the exercise of the Warrants and the issuance of the shares upon exercise thereof and will expire five years from the date of such approval.The closing of the offering is expected to occur on or about Oct. 21, 2024, subject to the satisfaction of customary closing conditions. The gross proceeds from the
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BIAF
News
- bioAffinity Technologies Reports $2.4 Million Revenue for Q3 2024 [Yahoo! Finance]Yahoo! Finance
- bioAffinity Technologies Reports $2.4 Million Revenue for Q3 2024Business Wire
- bioAffinity Technologies Appoints New Chief Science Officer to Spearhead Product DevelopmentBusiness Wire
- U.S. Testing Laboratories, Safety and Compliance Services Industry Report 2024: Market Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts to 2030 [Yahoo! Finance]Yahoo! Finance
- bioAffinity Technologies Announces Award of Japanese Patent for CyPath® LungBusiness Wire
BIAF
Sec Filings
- 11/14/24 - Form 10-Q
- 11/14/24 - Form 8-K
- 11/13/24 - Form PRE
- BIAF's page on the SEC website