regulatory
confidence high
sentiment positive
materiality 0.75
bioAffinity regains Nasdaq compliance; stock continues trading on Capital Market
bioAffinity Technologies, Inc.
- Received Nasdaq letter Oct 14 confirming compliance with minimum bid price ($1.00) and stockholders' equity ($2.5M) rules.
- Subject to one-year Mandatory Panel Monitor; if equity rule breached, no additional time to regain compliance but hearing available.
- Common stock (BIAF) and warrants (BIAFW) continue trading on Nasdaq Capital Market.
- CEO Maria Zannes: regaining compliance allows focus on CyPath Lung test and building shareholder value.