Form 8-K
8-K — bioAffinity Technologies, Inc.
Accession: 0001493152-26-020591
Filed: 2026-04-30
Period: 2026-04-30
CIK: 0001712762
SIC: 8731 (SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Submission of Matters to a Vote of Security Holders
Item: Financial Statements and Exhibits
Documents
8-K — form8-k.htm (Primary)
EX-10.1 (ex10-1.htm)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K
8-K (Primary)
Filename: form8-k.htm · Sequence: 1
false
0001712762
0001712762
2026-04-30
2026-04-30
0001712762
BIAF:CommonStockParValue0.007PerShareMember
2026-04-30
2026-04-30
0001712762
BIAF:TradeableWarrantsToPurchaseCommonStockMember
2026-04-30
2026-04-30
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
April
30, 2026
Date
of Report (Date of earliest event reported)
bioAffinity
Technologies, Inc.
(Exact
name of registrant as specified in its charter)
Delaware
001-41463
46-5211056
(State
or other jurisdiction
of
incorporation)
(Commission
File
Number)
(I.R.S.
Employer
Identification
Number)
3300
Nacogdoches Road
Suite
216
San
Antonio, Texas 78257
(210)
698-5334
(Address
of principal executive offices and Registrant’s telephone number, including area code)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
☐
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e- 4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which registered
Common
Stock, par value $0.007 per share
BIAF
The
Nasdaq Stock Market LLC
Tradeable
Warrants to purchase Common Stock
BIAFW
The
Nasdaq Stock Market LLC
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
At
the 2026 Annual Meeting (as defined below) of bioAffinity Technologies, Inc. (the “Company”), stockholders approved an amendment
to the Company’s 2024 Equity Incentive Compensation Plan (the “2024 Plan”) to increase the number of shares
of common stock, par value $0.007 per share (the “Common Stock”), reserved for issuance thereunder to 1,000,000 from 66,666
shares (the “Plan Amendment”).
The
foregoing description of the Plan Amendment is qualified in its entirety by reference to the text of the Plan Amendment, a copy of which
is attached as Exhibit 10.1 to this Current Report on Form 8-K.
Item
5.07. Submission of Matters to a Vote of Security Holders.
At
the 2026 Annual Meeting of Stockholders (the “2026 Annual Meeting”) of the Company held on April 30, 2026, the Company’s
stockholders voted on ten proposals, each of which is listed below and described in more detail in the Company’s Definitive Proxy
Statement, which was filed with the Securities and Exchange Commission on March 16, 2026. With respect to each proposal, holders of the
Company’s Common Stock were entitled to cast one vote per share of Common Stock held as of the close of business on the record
date of March 13, 2026 (the “Record Date”). On the Record Date there were 4,498,675
shares of the Company’s Common Stock issued and outstanding and entitled to vote at the 2026 Annual Meeting.
The
following are the final results of voting on each of the proposals presented at the 2026 Annual Meeting:
Proposal
No. 1: Election of Directors
The
stockholders elected each of the six director nominees to serve on the Company’s board of directors until the 2027 Annual Meeting
of Stockholders and until such director’s successor has been duly elected and qualified.
Nominee
Votes
For
Votes
Withheld
Broker
Non-Votes
Maria
Zannes, JD
409,762
43,895
1,264,352
Steven
Girgenti
409,803
43,854
1,264,352
Peter
Knight
409,630
44,027
1,264,352
Jamie
Platt, PhD
412,154
41,503
1,264,352
Roberto
Rios
409,707
43,950
1,264,352
John
J. Oppenheimer, MD
409,883
43,774
1,264,352
Proposal
No. 2: Ratification of Appointment of Independent Registered Public Accounting Firm
The
stockholders ratified the appointment of WithumSmith+Brown, PC as the Company’s independent registered public accounting firm for
the fiscal year ending December 31, 2026.
Votes
For
Votes
Against
Abstentions
Broker
Non-Votes
1,496,349
90,879
130,781
-
Proposal
No. 3: Warrant Exercise Proposal
The
stockholders approved the issuance of up to an aggregate of 271,500 shares of Common Stock upon the exercise of (i) 223,831 shares of
Common Stock issuable upon exercise of Common Stock purchase warrants issued in connection with the private placement offering that closed
on August 14, 2025 (the “August 2025 Common Warrants”), (ii) 47,669 shares of Common Stock issuable upon exercise of Common
Stock purchase warrants issued in connection with the warrant inducement transaction that closed on August 14, 2025 (the “August
2025 Inducement Warrants”, together the August 2025 Common Warrants and the Inducement Warrants, the “August 2025 Warrants”),
respectively, that may be equal to or exceed 20% of Common Stock outstanding before such offering.
Votes
For
Votes
Against
Abstentions
Broker
Non-Votes
349,023
96,738
7,896
1,264,352
Proposal
No. 4: Warrant Anti-Dilution Adjustment Proposal
The
stockholders approved an anti-dilution provision of the August 2025 Warrants and the reduction in the exercise price of the August 2025
Warrants (subject to a floor price of $4.50 per share) and corresponding increase in the number of shares issuable upon exercise thereof
up to an aggregate maximum of 365,620 shares of Common Stock, resulting from the triggering of such anti-dilution provision.
Votes
For
Votes
Against
Abstentions
Broker
Non-Votes
349,847
96,500
7,310
1,264,352
Proposal
No. 5: Series B Anti-Dilution Adjustment Proposal
The
stockholders approved an anti-dilution provision of the Series B Preferred Stock and the reduction in the exercise price of the Series
B Preferred Stock (subject to a floor price of $3.00 per share) and corresponding increase in the number of shares of Common Stock issuable
upon conversion of the Series B Preferred Stock thereof up to an aggregate of 131,884 shares of Common Stock, resulting from the triggering
of such anti-dilution provision.
Votes
For
Votes
Against
Abstentions
Broker
Non-Votes
347,609
98,645
7,403
1,264,352
Proposal
No. 6: Plan Amendment Proposal
The
stockholders approved an amendment to the 2024 Plan to increase the number of shares of Common Stock reserved for issuance thereunder
to 1,000,000 shares from 66,666 shares.
Votes
For
Votes
Against
Abstentions
Broker
Non-Votes
318,231
131,076
4,350
1,264,352
Proposal
No. 7: Offering Proposal
The
stockholders authorized the issuance of securities in one or more non-public offerings in accordance with Nasdaq Marketplace Rule 5635(d).
Votes
For
Votes
Against
Abstentions
Broker
Non-Votes
324,423
123,864
5,370
1,264,352
Proposal
No. 8: Change of Control Proposal
The
stockholders approved any change in control under Nasdaq Marketplace Rule 5635(d) that may result from the potential issuance of securities
in the non-public offerings.
Votes
For
Votes
Against
Abstentions
Broker
Non-Votes
332,920
116,278
4,459
1,264,352
Proposal
No. 9: Reverse Stock Split Proposal
The
stockholders approved an amendment to the Company’s Certificate of Incorporation, as amended, at the discretion of the Company’s
board of directors, to effect a reverse stock split with respect to the Company’s issued and outstanding shares of Common Stock,
as well as stock held by the Company as treasury shares, at a ratio of 1-for-2 to 1-for-250 (the “Range”), with the ratio
within such Range to be determined at the discretion of the Company’s board of directors and included in a public announcement,
subject to the authority of the Company’s board of directors to abandon such amendment.
Votes
For
Votes
Against
Abstentions
Broker
Non-Votes
1,211,478
491,041
15,490
-
Proposal
No. 10: Adjournment Proposal
The
stockholders approved the adjournment of the 2026 Annual Meeting to a later date, if necessary or appropriate, to permit further solicitation
and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of Proposal No.
3, Proposal No. 4, Proposal No. 5, Proposal No. 6, Proposal No. 7, Proposal No. 8, and/or Proposal No. 9. However, such an adjournment
was not necessary in light of the approval of Proposal Nos. 3, 4, 5, 6, 7, 8 and 9 at the 2026 Annual Meeting.
Votes
For
Votes
Against
Abstentions
Broker
Non-Votes
1,228,944
468,211
20,854
-
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits.
Exhibit
Number
Description
10.1
First Amendment to bioAffinity Technologies, Inc. 2024 Incentive Compensation Plan
104
Cover
Page Interactive Data File (embedded within the XBRL document)
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
bioAffinity
Technologies, Inc.
Dated:
April 30, 2026
By:
/s/
Maria Zannes
Maria
Zannes
President
and Chief Executive Officer
EX-10.1
EX-10.1
Filename: ex10-1.htm · Sequence: 2
Exhibit
10.1
FIRST
AMENDMENT
TO
BIOAFFINITY
TECHNOLOGIES, INC.
2024
EQUITY INCENTIVE COMPENSATION PLAN
This
First Amendment (this “Amendment”) of the bioAffinity Technologies, Inc. 2024 Equity Incentive Plan (the “Plan”)
is effective as of April 30, 2026. All terms used but not defined herein shall have the meaning set forth in the Plan.
RECITALS
WHEREAS,
the Board of Directors (the “Board”) approved of the Amendment on January 15, 2026, and the Amendment was submitted
to the holders of the outstanding stock of the Company (the “Stockholders”) at the special meeting of the Company
held on April 30, 2026, and such Stockholders have approved the adoption of this Amendment.
AGREEMENT
NOW,
THEREFORE, the Plan is hereby amended as follows:
1.
Section 4.1 of the Plan is hereby amended and restated as follows:
4.1
Share Limitation.
(a)
Subject to adjustment pursuant to Section 4.2 hereof, the maximum aggregate number of shares of Common Stock which may be issued under
all Awards granted to Participants under the Plan shall be 1,000,000 shares, all of which may, but need not, be issued in respect of
Incentive Stock Options.
(b)
Shares of Common Stock issued under the Plan may be either authorized but unissued shares or shares held in the Company’s treasury.
Any shares of Common Stock subject to Awards that are settled in Common Stock shall be counted against the maximum share limitations
of this Section 4.1(a) as one share of Common Stock for every share of Common Stock subject thereto. To the extent that any Award under
the Plan payable in shares of Common Stock is forfeited, cancelled, returned to, or repurchased by the Company for failure to satisfy
vesting requirements or upon the occurrence of other forfeiture events, or otherwise terminates without payment being made thereunder,
the shares of Common Stock covered thereby will no longer be counted against the foregoing maximum share limitations and may again be
made subject to Awards under the Plan pursuant to such limitations. Shares of Common Stock that otherwise would have been issued upon
the exercise of a Stock Option or Stock Appreciation Right or in payment with respect to any other form of Award, that are surrendered
in payment or partial payment of the exercise price thereof and/or taxes withheld with respect to the exercise thereof or the making
of such payment, will no longer be counted against the foregoing maximum share limitations and may again be made subject to Awards under
the Plan pursuant to such limitations.
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 19
v3.26.1
Cover
Apr. 30, 2026
Document Type
8-K
Amendment Flag
false
Document Period End Date
Apr. 30, 2026
Entity File Number
001-41463
Entity Registrant Name
bioAffinity
Technologies, Inc.
Entity Central Index Key
0001712762
Entity Tax Identification Number
46-5211056
Entity Incorporation, State or Country Code
DE
Entity Address, Address Line One
3300
Nacogdoches Road
Entity Address, Address Line Two
Suite
216
Entity Address, City or Town
San
Antonio
Entity Address, State or Province
TX
Entity Address, Postal Zip Code
78257
City Area Code
(210)
Local Phone Number
698-5334
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Entity Emerging Growth Company
true
Elected Not To Use the Extended Transition Period
false
Common Stock, par value $0.007 per share
Title of 12(b) Security
Common
Stock, par value $0.007 per share
Trading Symbol
BIAF
Security Exchange Name
NASDAQ
Tradeable Warrants to purchase Common Stock
Title of 12(b) Security
Tradeable
Warrants to purchase Common Stock
Trading Symbol
BIAFW
Security Exchange Name
NASDAQ
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 2 such as Street or Suite number
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine2
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 7A
-Section B
-Subsection 2
+ Details
Name:
dei_EntityExTransitionPeriod
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Details
Name:
us-gaap_StatementClassOfStockAxis=BIAF_CommonStockParValue0.007PerShareMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type:
X
- Details
Name:
us-gaap_StatementClassOfStockAxis=BIAF_TradeableWarrantsToPurchaseCommonStockMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type: