Bluejay Diagnostics (NASDAQ: BJDX) insiders purchase $125K in private stock deal
Rhea-AI Filing Summary
Bluejay Diagnostics, Inc. entered into a securities purchase agreement with its senior leaders and directors for a small insider-funded capital raise. The company issued 62,500 shares of common stock in a private placement at $2.00 per share, generating gross proceeds of $125,000.
The purchasers were President and CEO Neil Dey, Board Chair Donald Chase, and directors Svetlana Dey, Douglas Wurth and Fred Zeidman, each acquiring 12,500 shares for their own account. The shares were sold as an unregistered offering under Section 4(a)(2) and Rule 506 of Regulation D to accredited investors, with no registration rights granted and no general solicitation used.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol (s) | Name of each exchange on which registered | ||
| The |
| Item 1.01 | Entry into a Material Definitive Agreement. |
On March 14, 2024, Bluejay Diagnostics, Inc. (the “Company”) entered into a securities purchase agreement (the “Agreement”) pursuant to which the Company issued and sold to the purchasers named therein (the “Purchasers”) an aggregate of 62,500 shares (the “Securities”) of the Company’s common stock (“Common Stock”) at a price of $2.00 per share (such transaction, the “Private Placement”). The Private Placement closed on March 17, 2026 for aggregate gross proceeds to the Company of $125,000.
The Purchasers are Neil Dey, President and Chief Executive Officer of the Company and a member of the Board of Directors of the Company (the “Board”), Donald Chase, Chair of the Board, and Svetlana Dey, Douglas Wurth and Fred Zeidman, each a member of the Board. Each of the Purchasers acquired 12,500 shares of Common Stock for their own individual account.
The sale of the Securities was not registered under the Securities Act of 1933, as amended (the “Securities Act”), and the Securities were issued and sold in a private placement pursuant to Section 4(a)(2) of the Securities Act and/or Rule 506 of Regulation D as promulgated by the Securities and Exchange Commission under the Securities Act. Each of the Purchasers represented that it is an “accredited investor” within the meaning of Rule 501 of Regulation D, was acquiring the Securities for its own account, and had no direct or indirect arrangement or understanding with any other persons to distribute or regarding the distribution of such Securities. The Securities were offered and sold without any general solicitation by the Company or its representatives. The Company has not agreed to provide registration rights with respect to any of the Securities.
The description of the terms and conditions of the Agreement is qualified by reference to the full text of such document, which is attached hereto as Exhibit 10.1.
| Item 3.02 | Unregistered Sales of Equity Securities. |
The information contained in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 3.02.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
| 10.1 | Securities Purchase Agreement by and between the Company and the Purchasers, dated as of March 14, 2026. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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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.
| Bluejay Diagnostics, Inc. | ||
| By: | /s/ Neil Dey | |
| Neil Dey | ||
| President and Chief Executive Officer | ||
| Date: March 17, 2026 | ||
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FAQ
What did Bluejay Diagnostics (BJDX) announce in this 8-K?
How many Bluejay Diagnostics (BJDX) shares were sold and at what price?
Who purchased shares in the Bluejay Diagnostics (BJDX) private placement?
Was the Bluejay Diagnostics (BJDX) private placement registered with the SEC?
Do Bluejay Diagnostics (BJDX) insiders receive registration rights for these shares?
How were the Bluejay Diagnostics (BJDX) private placement investors qualified?
Filing Exhibits & Attachments
4 documents