BIAF bioAffinity Technologies, Inc.
Executive Summary
bioAffinity Technologies filed Amendment No. 1 to its S-1 registration statement, a procedural update adding the Placement Agency Agreement and forms of Pre-Funded and Placement Agent Warrants. The offering terms remain undisclosed, and the company's going-concern warning and declining revenue persist from the prior filing. This amendment does not alter the material terms or financial outlook.
Actionable Insight
Monitor for pricing and closing of the offering; the company's cash runway is critical given the going-concern warning. The procedural filing does not change the bearish fundamental outlook from the prior S-1.
Key Facts
- Amendment No. 1 to S-1 filed June 16, 2026, adding Exhibit 1.1 (Placement Agency Agreement) and Exhibits 4.44/4.45 (warrant forms).
- Placement agent WallachBeth Capital receives 7.5% cash fee, up to $120,000 expense reimbursement, and warrants equal to 3% of shares sold.
- Offering size and pricing remain undisclosed (placeholders $[*] in the agreement).
- Company has a going-concern warning, $3.1M cash (as of March 31, 2026 per prior filing), and accumulated deficit of $72.2M.
Financial Impact
Undisclosed offering size; prior S-1 targeted ~$3.4M net proceeds. This amendment does not change the financial terms.
Risk Factors
- Going-concern risk with limited cash and accumulated losses.
- Significant dilution from the offering and outstanding warrants/preferred stock.
- Revenue decline of 36% YoY in Q1 2026 (per prior filing).
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| S-1/A Filing (Primary) | 0001493152-26-028877 |
| Exhibit: ex4-45.htm | 0001493152-26-028877 |
| Exhibit: ex1-1.htm | 0001493152-26-028877 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 18, 2026
2d ago
|
424B4
| $0.8569 awaiting T+1 | awaiting T+1 | — | $0.8370 (+2.32%) |
|
Jun 17, 2026
4d ago
|
EFFECT
| $0.8318 $0.8372 | ▼ −0.65% | ▲ +0.13% | $0.8370 (−0.63%) |
|
Jun 16, 2026
4d ago
|
S-1/A
| $0.8318 $0.8372 | ▲ +0.65% | ▼ −0.13% | $0.8370 (+0.63%) |
|
Jun 16, 2026
4d ago
|
8-K
| $0.9448 $0.8318 | ▼ −11.96% | ▼ −10.71% | $0.8370 (−11.41%) |
|
Jun 12, 2026
8d ago
|
S-1
| $1.37 $0.9448 | ▲ +31.04% | ▲ +30.44% | $0.8370 (+38.91%) |
|
Mar 3, 2026
15w ago
|
8-K
| $1.03 $1.03 | · 0.00% | ▲ +0.57% | $0.8370 (−18.74%) |
|
Feb 25, 2026
16w ago
|
8-K
| $1.09 $1.04 | ▼ −4.59% | ▼ −4.04% | $0.8370 (−23.21%) |
US Market Status
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