As a biotechnology enterprise, bioAffinity Technologies, Inc. is dedicated to pioneering both non-invasive diagnostic solutions and precision therapeutics for cancer. Its portfolio features CyPath lung, a specialized diagnostic test designed for the early identification of lung cancer. Beyond diagnostics, the firm actively explores targeted therapies intended to combat cancer at a cellular level. This San Antonio, Texas-based company commenced operations in 2014.
WallachBeth Capital Announces Closing of bioAffinity Technologies $4M Private Placement Offering Priced At-the-Market Under Nasdaq Rules
bioAffinity Technologies closed a $4 million private placement, issuing 8.46 million pre-funded warrants at a combined effective price of $0.4657 per unit.
Each unit includes two warrants exercisable at $0.4727 following stockholder approval, with the pre-funded warrants exercisable at $0.007.
WallachBeth Capital acted as the sole placement agent for the offering, which was conducted under Nasdaq at-the-market rules.