Form 8-K
8-K — bioAffinity Technologies, Inc.
Accession: 0001493152-26-022428
Filed: 2026-05-12
Period: 2026-05-12
CIK: 0001712762
SIC: 8731 (SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH)
Item: Other Events
Item: Financial Statements and Exhibits
Documents
8-K — form8-k.htm (Primary)
EX-99.1 (ex99-1.htm)
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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
Date
of Report (Date of earliest event reported): May 12, 2026
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 78217
(Address
of principal executive offices, including zip code)
(210)
698-5334
(Registrant’s
telephone number, including area code)
(Former
name or former address, if changed since last report)
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))
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).
Title
of each class
Trading
Symbols
Name
of each exchange on which registered
Common
Stock, par value $0.007 per share
BIAF
The
Nasdaq Stock Market LLC
(Nasdaq
Capital Market)
Warrants
to purchase Common Stock
BIAFW
The
Nasdaq Stock Market LLC
(Nasdaq
Capital Market)
Indicate
by check mark whether the registrant is an emerging growth company as defined in 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 checkmark 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
8.01. Other Events.
On
May 12, 2026, bioAffinity Technologies, Inc., a Delaware corporation, issued a press release announcing that unit sales for its CyPath®
Lung diagnostic test achieved a record high in a single month and increased nearly 300% in April 2026 compared to the same period in
2025, based on preliminary unaudited data.
A
copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits.
Exhibit
Number
Description
99.1
Press Release issued by bioAffinity Technologies, Inc., dated May 12, 2026
104
Cover
Page Interactive Data File (embedded within the XBRL document)
-2-
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Current Report on Form 8-K
to be signed on its behalf by the undersigned hereunto duly authorized.
Date:
May 12, 2026
BIOAFFINITY
TECHNOLOGIES, INC.
By:
/s/
Maria Zannes
Name:
Maria
Zannes
Title:
President
and Chief Executive Officer
-3-
EX-99.1
EX-99.1
Filename: ex99-1.htm · Sequence: 2
Exhibit
99.1
bioAffinity
Technologies Reports Record Monthly CyPath® Lung Unit Sales and Significant Year-Over-Year Growth in April 2026
CyPath®
Lung unit sales in April increased nearly 300% compared to April 2025
Increasing
unit sales for CyPath® Lung continues first quarter 2026 trend of accelerating adoption and clinical use
Noninvasive
test has potential to transform lung cancer risk assessment and nodule management
SAN
ANTONIO, TX – May 12, 2026 – bioAffinity Technologies, Inc. (Nasdaq: BIAF; BIAFW), a biotechnology company focused
on noninvasive diagnostics and early cancer detection, today announced that unit sales for its CyPath® Lung diagnostic
test achieved a record high in a single month and increased nearly 300% in April 2026 compared to the same period in 2025, based on preliminary
unaudited data. The strong CyPath® Lung unit sales growth so far this year continues to exceed the Company’s internal
projections and reflects accelerating physician adoption and expanding clinical use by physicians using the Company’s noninvasive
test to aid in diagnosing lung cancer.
“The
growth in CyPath® Lung usage continues to accelerate at a rapid pace as the value of our novel lung cancer diagnostic
is increasingly being recognized,” said Maria Zannes, President and CEO of bioAffinity Technologies. “CyPath®
Lung addresses a significant gap in the diagnostic pathway by supporting lung cancer risk stratification and pulmonary nodule management
as physicians seek more accurate, noninvasive tools to assess cancer risk and detect disease at its earliest, most treatable stage. We
are very pleased with the unit growth that we delivered in April, and we remain focused on expanding adoption of CyPath®
Lung to aid physicians in the early detection of lung cancer and pulmonary nodule management.”
Addressing
a Large and Growing Clinical Need
The
number of patients identified with indeterminate pulmonary nodules continues to rise, driven in part by increases in incidental findings
and screening by low-dose CT for high-risk patients. This expanding patient population poses a diagnostic challenge for physicians who
have to weigh the benefits and risks of “watchful waiting” versus invasive procedures like biopsy.
CyPath®
Lung’s flow cytometry+AI technology provides actionable information to support clinical decision-making by the ordering
physician. The test result is intended to be used in conjunction with other clinical information and is not a standalone diagnostic.
Real-world patient cases have demonstrated the test’s ability to:
● Help
detect lung cancer at Stage 1A, when it is most treatable
● Help
avoid unnecessary invasive, risky, and costly procedures when the test result is negative
Executing
a Focused Commercial Strategy
bioAffinity
Technologies has prioritized CyPath® Lung as its core commercial focus, aligning resources to accelerate adoption and
scale. Growth has been driven by:
● Expansion
of ordering physician sites
● Increased
peer-to-peer education among pulmonologists
● Integration
of CyPath® Lung into clinical workflows for lung cancer risk assessment and nodule management
Positioned
for Continued Expansion
The
company is advancing multiple initiatives to further expand the clinical impact of its proprietary technology platform, including:
● A
large-scale longitudinal clinical study designed to generate additional validation data for
CyPath® Lung
● Broader
use of CyPath® Lung to monitor lung cancer survivors after treatment
● An
R&D pipeline that includes diagnostic tests for asthma and COPD that will help guide
personalized treatment with targeted therapies.
About
CyPath® Lung
CyPath®
Lung by bioAffinity Technologies is a noninvasive test designed to improve the early detection of lung cancer in patients at high risk
for the disease. CyPath® Lung uses advanced flow cytometry and proprietary artificial intelligence (AI) to identify cell
populations in patient sputum that indicate malignancy. CyPath® Lung incorporates a fluorescent porphyrin that is preferentially
taken up by cancer and cancer-related cells. In a clinical trial of high-risk patients, CyPath® Lung demonstrated 92%
sensitivity, 87% specificity, 88% accuracy and 99% negative predictive value (NPV) in detecting lung cancer in patients at high risk
for the disease who had small indeterminate lung nodules less than 20 millimeters. The high NPV gives physicians greater confidence that
a negative result is truly negative, potentially sparing patients from unnecessary invasive and costly procedures. CyPath® Lung is
marketed as a Laboratory Developed Test (LDT) and is not intended for use as a sole diagnostic tool and should be considered alongside
other clinical findings.
About
bioAffinity Technologies, Inc.
bioAffinity
Technologies, Inc. addresses the need for noninvasive diagnosis of early-stage cancer and other diseases of the lung and broad-spectrum
cancer treatments. The Company’s first product, CyPath® Lung, is a noninvasive test that has shown high sensitivity,
specificity and accuracy for the detection of early-stage lung cancer. CyPath® Lung is marketed as a Laboratory
Developed Test (LDT) by Precision Pathology Laboratory Services, a subsidiary of bioAffinity Technologies. LDTs are overseen under
the Clinical Laboratory Improvement Amendments (CLIA), administered by the Centers for Medicare & Medicaid Services. For more information,
visit www.bioaffinitytech.com.
Forward-Looking
Statements
Certain
statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws.
Words such as “may,” “might,” “will,” “should,” “believe,” “expect,”
“anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,”
“plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are
forward-looking statements. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult
to predict, that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied
by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include,
among others, the Company’s ability to maintain and grow CyPath® Lung unit volume, the Company’s ability to
achieve or maintain profitability, the Company’s dependence on a single commercial product, risks related to the regulatory environment
for laboratory developed tests, the Company’s ability to obtain adequate reimbursement coverage for CyPath® Lung,
the Company’s ability to successfully execute its commercial strategy and expand its customer base, the outcome of ongoing and
future clinical studies, and other factors discussed in the Company’s Annual Report on Form 10-K for the year ended December 31,
2025, and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. Such forward-looking statements
are based on facts and conditions as they exist at the time such statements are made and predictions as to future facts and conditions.
While the Company believes these forward-looking statements are reasonable, readers of this press release are cautioned not to place
undue reliance on any forward-looking statements. The information in this release is provided only as of the date of this release, and
the Company does not undertake any obligation to update any forward-looking statement relating to matters discussed in this press release,
except as may be required by applicable securities laws.
Contact
bioAffinity
Technologies
Julie
Anne Overton
Director
of Communications
investors@bioaffinitytech.com
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