Item 5. Market for Registrant’s Common Equity
Item
5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Market
Information
Our
Common Stock, par value $0.007 per share (the “Common Stock”) trades under the symbol “BIAF.” Our tradeable warrants,
each to purchase one share of Common Stock (collectively, the “Tradeable Warrants”), trade under the symbol “BIAFW.”
Our Common Stock and Tradeable Warrants trade on The Nasdaq Capital Market.
Holders
of Record
As
of March 17, 2025, there were approximately 92 holders of record of shares of our Common Stock. This number does not reflect
the beneficial holders of our Common Stock who hold shares in street name through brokerage accounts or other nominees.
Dividends
We
have never declared or paid any cash dividends on our capital stock. We intend to retain all available funds and future earnings, if
any, to fund the development and expansion of our business, and we do not anticipate declaring or paying any cash dividends in the foreseeable
future. Any future determination regarding the declaration and payment of dividends, if any, will be at the discretion of our Board of
Directors and will depend on then-existing conditions, including our financial condition, results of operations, contractual restrictions,
capital requirements, business prospects, and other factors our Board of Directors may deem relevant.
Unregistered
Sales of Equity Securities
We
did not sell any equity securities during the quarter ended December 31, 2024, in transactions that were not registered under the Securities
Act other than as previously disclosed in our filings with the SEC.
Securities
Authorized for Issuance Under Equity Compensation Plans
The
following table presents information as of December 31, 2024, with respect to shares of our Common Stock that may be issued under our equity incentive plans.
Plan category
Number of
securities to
be issued upon
exercise
of outstanding
options,
warrants, and
rights
Weighted-average
exercise price of
outstanding options,
warrants, and rights
Number of
securities
remaining
available for
future issuance
under equity
compensation
plans (excluding
securities
reflected in
column (a))
(a)
(b)
(c)
Equity compensation plans approved by security holders
2024 Equity Incentive Plan
519,792
$ 2.00
1,480,208
2014 Equity
Incentive Plan
380,132
$ 5.78
—
Equity compensation plans not approved by security holders
—
—
—
Total
899,924
$ 3.59
1,480,208
Item
6. [Reserved.]
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.