Company: BIAF
Filing Date: 2025-04-22
Form Type: 424B3
Source: 0001641172-25-005598
Chunk: 37

Company: bioAffinity Technologies, Inc.
Filing Date: 2025-04-22
Form: 424B3
Chunk 37
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 action, increase the costs we incur to protect against such information security breaches,
such as increased investment in technology, render key personnel unable to perform duties or communicate throughout the organization,
and otherwise subject us to fines and other liability under laws and regulations that protect the privacy and security of personal information,
which could result in significant legal and financial exposure and reputational damages that could potentially have an adverse effect
on our business.

The costs of mitigating cybersecurity risks are significant
and are likely to increase in the future. These costs include, but are not limited to, retaining the services of cybersecurity providers;
compliance costs arising out of existing and future cybersecurity, data protection and privacy laws and regulations; and costs related
to maintaining redundant networks, data backups and other damage-mitigation measures. We also cannot be certain that our existing insurance
coverage will continue to be available on acceptable terms or in amounts sufficient to cover the potentially significant losses that may
result from a security incident or breach or that the insurer will not deny coverage of any future claim.

Declining general economic or business conditions, including tariff and customs regulations, may have a negative impact on our business.

Continuing concerns over the U.S. healthcare system
and energy costs, geopolitical issues, the availability and cost of credit and government stimulus programs in the U.S. and other countries
have contributed to increased volatility and diminished expectations for the global economy. These factors, combined with low business
and consumer confidence, could precipitate an economic slowdown and recession. Additionally, political changes in the U.S. and elsewhere
in the world have created a level of uncertainty in the markets. If the economic climate deteriorates, our business, as well as the financial
condition of our suppliers and our third-party payors, could be adversely affected, resulting in a negative impact on our business, financial
condition, and results of operations.

Changes in U.S. or international social, political,
regulatory and economic conditions or in laws and policies governing trade, manufacturing, development, and investment in the countries
where we currently conduct our business could adversely affect our business, reputation, financial condition, and results of operations.
Changes or proposed changes in U.S. or other countries’ trade policies may result in restrictions and economic disincentives on
international trade. The U.S. government has recently imposed, or is currently considering imposing, tariffs on certain trade partners.
Tariffs, economic sanctions, and other changes in U.S. trade policy have in the past and could in the future trigger retaliatory actions