Bluejay Diagnostics reports full exercise of prefunded warrants, now has approximately 972,000 shares outstanding post reverse stock split.
Quiver AI Summary
Bluejay Diagnostics announced that as of February 19, 2026, all prefunded warrants from its October 2025 private placement have been fully exercised, resulting in approximately 972,000 shares of common stock outstanding. The company also has cash exercisable warrants for about 1.5 million additional shares, all with a cash exercise price of $7.00 or more per share. The announcement includes a clarification about recent Schedule 13G filings from investors that do not account for a 1-for-4 reverse stock split that occurred on January 29, 2026. Bluejay is focused on its Symphony System for sepsis diagnostics, which is still awaiting regulatory clearance from the FDA. The company emphasizes that its forward-looking statements are subject to risks and uncertainties.
Potential Positives
- All prefunded warrants from the October 2025 private placement have been fully exercised, eliminating any outstanding prefunded warrants.
- Bluejay Diagnostics now has approximately 972,000 shares of common stock outstanding, indicating a strengthening of equity position.
- The company has cash exercisable warrants for approximately 1.5 million shares at a price of $7.00 or greater, providing potential future capital.
- The development of the Symphony System for rapid sepsis testing could significantly improve patient outcomes once regulatory approval is obtained, positioning the company in an essential medical niche.
Potential Negatives
- Bluejay Diagnostics does not yet have regulatory clearance for their Symphony System, which limits its ability to market this potentially promising diagnostic product in the United States.
- The recent confusion regarding Schedule 13G filings and the 1-for-4 reverse stock split may lead to investor misunderstandings about actual share ownership, potentially eroding trust and confidence among investors.
- The significant reliance on forward-looking statements indicates uncertainty about the Company's future performance, which could raise concerns among stakeholders regarding its strategic direction and stability.
FAQ
What recent announcement did Bluejay Diagnostics make?
Bluejay Diagnostics announced that all prefunded warrants from its October 2025 private placement have been fully exercised.
How many common stock shares does Bluejay Diagnostics have outstanding?
The company now has approximately 972,000 shares of common stock outstanding.
What is the purpose of the Symphony System being developed by Bluejay?
The Symphony System is designed for rapid sepsis triage and monitoring of disease progression to improve patient outcomes.
Does Bluejay Diagnostics have regulatory approval for the Symphony System?
No, Bluejay Diagnostics does not currently have regulatory clearance for the Symphony System and requires FDA authorization.
What should investors note about the recent Schedule 13G filings?
Investors should be aware that filings may not reflect the 1-for-4 reverse stock split that occurred on January 29, 2026.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$BJDX Hedge Fund Activity
We have seen 7 institutional investors add shares of $BJDX stock to their portfolio, and 5 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DRW SECURITIES, LLC removed 59,767 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $39,876
- CITADEL ADVISORS LLC added 41,794 shares (+inf%) to their portfolio in Q4 2025, for an estimated $111,539
- SABBY MANAGEMENT, LLC removed 29,628 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $19,767
- ARMISTICE CAPITAL, LLC added 16,250 shares (+inf%) to their portfolio in Q4 2025, for an estimated $10,842
- RENAISSANCE TECHNOLOGIES LLC added 8,025 shares (+inf%) to their portfolio in Q4 2025, for an estimated $5,354
- TOWER RESEARCH CAPITAL LLC (TRC) added 4,433 shares (+inf%) to their portfolio in Q4 2025, for an estimated $11,830
- TWO SIGMA SECURITIES, LLC added 3,588 shares (+inf%) to their portfolio in Q4 2025, for an estimated $2,393
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Full Release
ACTON, Mass., Feb. 20, 2026 (GLOBE NEWSWIRE) -- Bluejay Diagnostics (NASDAQ: BJDX) today announced that as of February 19, 2026, all of the prefunded warrants issued by the Company in its October 2025 private placement have been fully exercised, and the Company has no remaining prefunded warrants of any class or tranche outstanding. Following these exercises, the Company now has approximately 972,000 shares of common stock outstanding. In addition, the Company has cash exercisable warrants outstanding for approximately 1.5 million shares. All such warrants have a cash exercise price of $7.00 or greater per share.
The Company notes that several recent Schedule 13G filings made by investors do not reflect the 1-for-4 reverse stock split that occurred on January 29, 2026, and investors reading such filings should be aware that current beneficial ownership share amounts may therefore be significantly less than the number of shares reflected in such reports given that these reports show holdings and total shares outstanding on a pre-split basis, notwithstanding that such reports were filed after consummation of the 1-for-4 reverse stock split.
About Bluejay Diagnostics:
Bluejay Diagnostics, Inc. is a medical diagnostics company focused on improving patient outcomes using its Symphony System, a cost-effective, rapid, near-patient testing system for sepsis triage and monitoring of disease progression. Bluejay does not yet have regulatory clearance for the Symphony System, and we will need to receive regulatory authorization from the U.S. Food and Drug Administration before Symphony can be marketed as a diagnostic product in the United States. Bluejay’s first product candidate, an IL-6 Test for sepsis, is designed to provide accurate, reliable results in approximately 20 minutes from ’sample-to-result’ to help medical professionals make earlier and better triage/treatment decisions. More information is available at www.bluejaydx.com.
Forward-Looking Statements:
This press release contains statements that the Company believes are “forward-looking statements” within the meaning of the Private Litigation Reform Act. Forward-looking statements may be identified by words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “suggest,” “will,” and similar expressions. The Company has based these forward-looking statements on its current expectations and projections about future events, nevertheless, actual results or events could differ materially from the plans, intentions and expectations disclosed in, or implied by, the forward-looking statements the Company makes. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including market and other conditions and those discussed under item 1A. “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as filed with the Securities and Exchange Commission (the “SEC”) on March 31, 2025, and in Part II, Item 1A, “Risk Factors” in the Company’s Quarterly Reports on Form 10-Q for the fiscal quarters ended March 31, 2025, June 30, 2025 and September 30, 2025, filed with the SEC on May 13, 2025, August 7, 2025 and November 7, 2025, respectively. You should not place undue reliance on these forward-looking statements, as they are subject to risks and uncertainties, and actual results and performance in future periods may not occur or may be materially different from any future results or performance suggested by the forward-looking statements in this release. This press release speaks as of the date indicated above. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. The Company expressly disclaims any obligation to update or revise any forward-looking statements found herein to reflect any future changes in the Company’s expectations of results or any future change in events, except as required by law.
Investor Contact:
Neil Dey
Bluejay Diagnostics, Inc.
[email protected]
978-631-0310
Website: www.bluejaydx.com