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bioAffinity Technologies Priced, Nasdaq: BIAF

Developing a noninvasive test for early detection of lung cancer.

Industry: Health Care

Latest Trade: $2.78 0.00 (0.0%)

First Day Return: +35.4%

Return from IPO: -54.7%

Industry: Health Care

bioAffinity Technologies is addressing the need for noninvasive diagnosis of early-stage cancer and diseases of the lung, and targeted cancer treatment. Our Company develops proprietary noninvasive diagnostic tests and cancer therapeutics using technology that preferentially targets cancer cells and cell populations indicative of a diseased state. Research and optimization of our platform technologies are conducted in our laboratories at The University of Texas at San Antonio. We are developing our platform technologies so that, in the future, they will be able to detect and monitor diseases of the lung and other cancers and treat many cancers. Our first diagnostic test, CyPath® Lung, addresses the need for early detection of lung cancer, the leading cause of cancer-related deaths. In order to identify patients more confidently who need to undergo more invasive follow-up procedures, physicians will be able to order CyPath® Lung to assist in the assessment of the potential for the disease. CyPath® Lung thus serves as another tool in the physician’s decision-making process to distinguish between patients who are likely to have lung cancer and will benefit from timely intervention and those who are likely without disease and should continue their annual screening for lung cancer.
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IPO Data
IPO File Date 04/25/2022
Offer Price $6.13
Price Range $6.00 - $6.25
Offer Shares (mm) 1.3
Deal Size ($mm) $8
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 08/31/2022
Offer Price $6.13
Price Range $6.00 - $6.25
Offer Shares (mm) 1.3
Deal Size ($mm) $8
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
WallachBeth Capital
Craft Capital Management
Company Data
Headquarters San Antonio, TX, United States
Founded 2014
Employees 14
Website www.bioaffinitytech.com

bioAffinity Technologies (BIAF) Performance