regulatory
confidence high
sentiment negative
materiality 0.85
bioAffinity receives Nasdaq delisting notice; July CyPath Lung sales up 72% over prior monthly average
bioAffinity Technologies, Inc.
- Nasdaq notified Company on Aug 7 that it failed to regain minimum bid price by Aug 6 and is ineligible for second 180-day period.
- Stockholders' equity of $1,439,404 at March 31, 2025 remains below the $2.5M minimum, adding a second delisting basis.
- Company intends to appeal by Aug 14, 2025; delisting scheduled for Aug 18 if appeal not filed.
- July completed tests for CyPath Lung surged 72% over the average of the first six months of 2025.
- Company reaffirms forecast of 3X year-over-year revenue for CyPath Lung; back-to-back record months in June and July.
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