bioAffinity Technologies Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
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Item 5.07. Submission of Matters to a Vote of Security Holders.
At the 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”) of bioAffinity Technologies, Inc. (the “Company”) held on July 25, 2025, the Company’s stockholders voted on six proposals, each of which is listed below and described in more detail in the Company’s Definitive Proxy Statement, which was filed with the Securities and Exchange Commission on June 2, 2025. With respect to each proposal, holders of the Company’s common stock, par value $0.007 per share (the “Common Stock”), were entitled to cast one vote per share of Common Stock held as of the close of business on the record date of May 29, 2025 (the “Record Date”). On the Record Date there were 28,459,541 shares of the Company’s Common Stock issued and outstanding and entitled to vote at the 2025 Annual Meeting.
The following are the final results of voting on each of the proposals presented at the 2025 Annual Meeting:
Proposal No. 1: Election of Directors.
The stockholders elected each of the seven director nominees to serve on the Board until the 2026 Annual Meeting of Stockholders and until such director’s successor has been duly elected and qualified.
| Nominee | Votes For | Votes Against | Abstentions | Broker Non-Votes | ||||
| Maria Zannes | 7,693,327 | 114,549 | 290,195 | 6,378,795 | ||||
| Steven Girgenti | 7,658,376 | 111,500 | 328,195 | 6,378,795 | ||||
| Robert Anderson | 7,632,198 | 109,288 | 356,585 | 6,378,795 | ||||
| Peter Knight | 7,630,149 | 111,266 | 356,656 | 6,378,795 | ||||
| Gary Rubin | 7,426,487 | 313,718 | 357,866 | 6,378,795 | ||||
| Roby Joyce, MD | 7,629,826 | 112,674 | 355,571 | 6,378,795 | ||||
| Jamie Platt, PhD | 7,631,076 | 111,611 | 355,384 | 6,378,795 |
Proposal No. 2: Ratification of Appointment of Independent Registered Public Accounting Firm
The stockholders ratified the appointment of WithumSmith+Brown, PC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||
| 12,748,238 | 451,298 | 1,277,330 | - |
Proposal No. 3: Reverse Stock Split Proposal
The stockholders approved an amendment to the Company’s Certificate of Incorporation, as amended, to effect a Reverse Stock Split.
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||
| 11,606,440 | 2,750,237 | 120,189 | - |
Proposal No. 4: Issuance of Shares of Common Stock Upon Exercise of Warrants
The stockholders approved the issuance of up to an aggregate of 2,926,166 shares of the Company’s Common Stock upon the exercise of common stock purchase warrants issued to institutional investors and designees of the placement agent in connection with the Company’s private placement offering that closed on February 26, 2025, that may be equal to or exceed 20% of the Company’s Common Stock outstanding before such offering.
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||
| 7,110,141 | 970,281 | 17,649 | 6,378,795 |
Proposal No. 5: Share Increase Amendment to the Certificate of Incorporation
The stockholders approved the Share Increase Amendment to the Company’s Certificate of Incorporation..
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||
| 11,830,169 | 2,607,455 | 39,242 | - |
Proposal No. 6: Anti-Dilution Adjustment Proposal
The stockholders approved the anti-dilution provision of the Common Stock purchase warrants issued in connection with our public offering that closed on May 7, 2025 and the reduction in exercise price of the May 2025 Warrants (subject to a floor price of $0.10 per share) and corresponding increase in the number of shares issuable upon exercise thereof of up to an aggregate maximum of 49,907,811 shares of our Common Stock, resulting from the triggering of such anti-dilution provision.
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||
| 6,098,633 | 915,454 | 1,083,984 | 6,378,795 |
Proposal No. 7: Adjournment of the Annual Meeting
The stockholders approved the adjournment of the 2025 Annual Meeting to a later date, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of Proposal No. 3, Proposal No. 4, Proposal No. 5 and/or Proposal No. 6. However, such an adjournment was not necessary in light of the approval of Proposal Nos. 3, 4, 5 and 6 at the 2025 Annual Meeting.
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||
| 12,133,858 | 2,302,571 | 40,437 | - |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| bioAffinity Technologies, Inc. | ||
| Dated: July 25, 2025 | By: | /s/ Maria Zannes |
| Maria Zannes | ||
| President and Chief Executive Officer | ||