Company: BIAF
Filing Date: 2025-04-11
Form Type: S-1
Source: 0001641172-25-003892
Chunk: 15

Company: bioAffinity Technologies, Inc.
Filing Date: 2025-04-11
Form: S-1
Chunk 15
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 unfavorable research, or none at all, about our business, 
 our stock price and trading volume could decline.                             |

| ● | Any                                                                                               
 inability to report and file our financial results accurately and timely could harm our business. |

| 4 |

<div align='center'>THE OFFERING</div>

This prospectus relates to the resale or other disposition
from time to time by the Selling Stockholders identified in this prospectus of up to 3,013,951 shares of our Common Stock. None of the
shares registered hereby are being offered for sale by us.

| Shares of Common Stock offered by the Selling Stockholders |     | 3,013,951 shares of Common Stock, consisting of: (i) 2,926,166 shares of Common Stock issuable upon the exercise of the Inducement Warrants; and (ii) 87,785 shares of Common Stock issuable upon the exercise of the Advisor Warrants                                                                                                                                                                                                                                                                                                                                                                  |
| Common stock to be outstanding after this offering(1)      |     | 21,262,574                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
 shares of Common Stock, assuming the exercise of all of the Common Warrants                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| Registration Rights                                        |     | Under the terms of the Inducement Agreement,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
 we agreed to file this registration statement with respect to the registration of the resale by the Holders of the Inducement Warrant                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
 Shares by the 45th calendar day following the date of the Inducement Agreement. In addition, we agreed that, upon the registration statement                                                                                                                                                                                                                                                                                                                                                                                                                                                            
 being declared effective under the Securities Act, we will use commercially reasonable efforts to maintain the effectiveness of the registration                                                                                                                                                                                                                                                                                                                                                                                                                                                        
 statement until the date that the Holders no longer own any of the Inducement Warrants or Inducement Warrant Shares. See “Selling                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
 Stockholders” beginning on page 41 of this prospectus for more information about the Selling Stockholders. The registration                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
 of the shares of Common Stock to which this prospectus relates does not require the Selling Stockholders to sell any of their shares                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
 of our Common Stock.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| Use of Proceeds                                            |     | The Selling Stockholders will receive all of the proceeds                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
 of the sale of shares of Common Stock offered from time to time pursuant to this prospectus. Accordingly, we