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Bluejay partners with Lovell on U.S. gov sales

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Rhea-AI Filing Summary

Bluejay Diagnostics, Inc. (BJDX) entered into a Distribution, Co-Marketing & Strategic Partnership Agreement with Lovell Government Services, Inc., a Service-Disabled Veteran-Owned Small Business, to distribute Bluejay’s medical diagnostic products to U.S. federal, state and local government customers following applicable FDA clearance or other required regulatory authorization.

Lovell receives a non-exclusive right to list and resell Bluejay’s products in open-market government procurements and a sole and exclusive right for federal procurement opportunities requiring or favoring SDVOSB set-aside status, including VA, DoD and IHS channels via vehicles such as VA Federal Supply Schedule, GSA Advantage, MAS, ECAT and DAPA. Bluejay paid a one-time $5,500 establishment fee; Lovell earns an approximate 15% distribution fee on gross sales through its federal catalogs and an additional 2% fee on sales via DAPA prime vendors, with these fees added to Bluejay’s cost of goods sold rather than reducing its profit margin.

The agreement runs for an initial two-year term with automatic one-year renewals unless either party gives 90 days’ notice of non-renewal. Lovell must remit payment within three business days after receiving funds from the government customer or within 30 days of a valid invoice, whichever is later; unpaid undisputed amounts accrue interest at up to 18% per annum. Either party may terminate immediately for specified adverse events, such as certain sanctions, bankruptcy, or a final judgment over $100,000, or for uncured defaults after 30 days’ notice. A co-marketing framework supports joint outreach to federal healthcare stakeholders as Bluejay advances toward potential commercialization.

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Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
One-time establishment fee $5,500 Multi-contract vehicle setup paid by Bluejay to Lovell at agreement inception
Distribution fee on gross sales 15% Approximate fee Lovell earns on gross sales through its federal catalogs
Additional DAPA-related fee 2% Fee on gross sales made through Lovell catalogs listed with DAPA prime vendors
Interest rate on late undisputed payments 18% per annum Accrues on unpaid undisputed amounts, capped at the maximum legal rate
Initial term of agreement 2 years Initial duration of the Distribution, Co-Marketing & Strategic Partnership Agreement
VHA proposed FY2026 budget $165.1 billion Size of Veterans Health Administration system referenced as a federal market opportunity
DHA proposed FY2026 budget $64 billion Defense Health Agency budget cited as part of broader federal healthcare opportunity
IHS proposed FY2026 budget $8.1 billion Indian Health Service budget cited, serving about 2.8 million individuals
Service-Disabled Veteran-Owned Small Business regulatory
"Lovell Government Services, Inc. is described as a Service-Disabled Veteran-Owned Small Business"
A service-disabled veteran-owned small business is a privately held enterprise that is at least 51% owned and controlled by one or more veterans who have a service-connected disability. For investors, this designation signals access to government contracting preferences and set-aside opportunities, similar to a vendor having a reserved lane at a busy terminal, which can create predictable revenue streams and reduce competition in certain markets.
SDVOSB set-aside status regulatory
"exclusive right to distribute products for federal procurement opportunities requiring or favoring SDVOSB set-aside status"
Federal Supply Schedule regulatory
"procurements by the VA whether conducted through VA Federal Supply Schedule or other vehicles"
A federal supply schedule is a government-approved list of products and services sold to federal agencies at pre-negotiated prices and terms, like a vetted catalog that agencies can order from without redoing contracts each time. For investors, being on such a schedule can mean steadier, predictable sales, lower marketing and sales costs to the government, and a competitive advantage that can help revenue grow more reliably over time.
DAPA regulatory
"Lovell’s catalogs listed with DAPA prime vendors and DLA DAPA contract vehicles"
Dapagliflozin (often abbreviated DAPA) is an oral medicine that helps the body remove excess sugar by blocking a kidney transport protein; it was developed for type 2 diabetes and is also used to treat certain heart and kidney conditions. Investors watch DAPA because clinical trial results, regulatory approvals, price changes, and patent status directly affect its sales potential—like a major product line whose success or failure can meaningfully change a company's revenue.
ECAT regulatory
"procurements whether conducted through ECAT or any successor contract vehicles"
forward-looking statements regulatory
"This press release contains statements that the Company believes are forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What agreement did BJDX enter into with Lovell Government Services?

Bluejay Diagnostics entered a Distribution, Co-Marketing & Strategic Partnership Agreement with Lovell, under which Lovell will distribute Bluejay’s medical diagnostic products to U.S. government customers following applicable FDA clearance or other regulatory authorization and support federal market development activities.

What exclusivity does Lovell receive under the Bluejay (BJDX) partnership?

Lovell receives a sole and exclusive right to distribute Bluejay’s products for federal procurement opportunities requiring or favoring SDVOSB set-aside status, including VA, DoD and IHS opportunities, while holding non-exclusive rights for open-market federal, state and local procurements.

How is Lovell compensated in the Bluejay Diagnostics (BJDX) agreement?

Lovell earns an approximate 15% distribution fee on gross sales made through its federal catalogs, plus a 2% fee on gross sales via catalogs listed with DAPA prime vendors. These fees are added to Bluejay’s cost of goods sold and do not reduce its profit margin.

What are the key commercial terms and duration of the BJDX–Lovell agreement?

The agreement has an initial two-year term and automatically renews for successive one-year terms unless either party gives 90 days’ written non-renewal notice. Payment is due within three business days after Lovell receives customer funds or within 30 days of invoice, with up to 18% per annum interest on late undisputed amounts.

How does this partnership position BJDX in the federal healthcare market?

The partnership provides access to large federal healthcare systems, including the VHA with a proposed FY2026 budget of about $165.1 billion, the Defense Health Agency with about $64 billion, and IHS with about $8.1 billion, subject to Bluejay’s devices receiving applicable FDA clearance and U.S. commercialization.

What termination rights exist in the Bluejay Diagnostics (BJDX) agreement with Lovell?

Either party may terminate immediately if the other is sanctioned under a healthcare program, enters bankruptcy, has a final judgment over $100,000 that materially impairs performance, or ceases operations, and may terminate for other defaults not cured within 30 days of written notice.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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false 0001704287 0001704287 2026-09-01 2026-09-01 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 8-K

 

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): September 1, 2026

 

 

 

 

 

BLUEJAY DIAGNOSTICS, INC.

(Exact Name of Registrant as Specified in its Charter)

 

 

 

delaware   001-41031   47-3552922
(State or Other Jurisdiction of
Incorporation or Organization)
  (Commission File No.)   (I.R.S. Employer
Identification No.)

 

360 Massachusetts Avenue, Suite 203

Acton, MA 01720

(Address of principal executive offices and zip code)

 

(844327-7078

(Registrant’s telephone number, including area code)

 

 

(Former name or former address, if changed from last report)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-14(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol (s)   Name of each exchange on which registered
Common Stock, par value $0.0001 per share   BJDX   The Nasdaq Stock Market LLC

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On September 1, 2026, Bluejay Diagnostics, Inc. (the “Company”) entered into a Distribution, Co-Marketing & Strategic Partnership Agreement (the “Distribution Agreement”) with Lovell Government Services, Inc. (“Lovell”), a Service-Disabled Veteran-Owned Small Business (“SDVOSB”) specializing in federal healthcare distribution. The Distribution Agreement establishes the terms under which Lovell will serve as a distributor of the Company’s medical diagnostic products to federal, state, and local government customers in the U.S. following applicable U.S. Food and Drug Administration (“FDA”) clearance or other required regulatory authorization.

 

Under the Distribution Agreement, the Company has granted Lovell (a) a non-exclusive right to list and resell the Company’s products on open-market (non-set-aside) federal, state, and local government procurements in the U.S., and (b) a sole and exclusive right to distribute the Company’s products for all federal procurement opportunities requiring or favoring SDVOSB set-aside status, including procurements by the U.S. Department of Veterans Affairs (“VA”), Department of Defense (“DoD”), and Indian Health Service (“IHS”), whether conducted through VA Federal Supply Schedule, GSA Advantage, GSA Multiple Award Schedule, ECAT, DAPA, or any successor contract vehicles. During the term of the Distribution Agreement, the Company may not appoint, authorize, or permit any other set-aside distributor to list, market, bid on, or resell the Company’s products within the exclusive set-aside territory.

 

Product pricing is subject to change by the Company upon written notice, provided that all prices listed on Lovell’s federal contract catalogs remain fixed for a minimum of twelve months from the original catalog listing date. The Company must provide Lovell at least ninety days’ advance written notice of any proposed price increase to allow for federal contracting authority review, and the Company may submit up to two price increase requests per calendar year. Lovell is required to remit full payment to the Company within three business days after receipt of payment from the applicable federal government customer for the corresponding order, or within thirty days following Lovell’s receipt of a valid invoice, whichever is later. Any undisputed amount not paid when due accrues interest at the lesser of 18% per annum or the maximum rate permitted by applicable law.

 

In connection with the Distribution Agreement, the Company paid a one-time discounted establishment fee of $5,500 for multi-contract vehicle setup. Lovell is entitled to an approximate fifteen percent distribution fee on gross sales made through its federal catalogs, which amount is added to the Company’s cost of goods sold and does not reduce the Company’s profit margin. In addition, a two percent fee on gross sales is allocated for sales made through Lovell’s catalogs listed with DAPA prime vendors.

 

The Distribution Agreement provides for a co-marketing and strategic partnership under which the parties will collaborate in good faith to develop awareness of the Company’s products and technology among U.S. federal healthcare stakeholders, including the VA, DoD, Defense Health Agency, and IHS, following applicable FDA clearance or other required regulatory authorization. Activities under the co-marketing arrangement may include joint marketing plans, conferences, educational initiatives, product demonstrations, and digital campaigns.

 

The Distribution Agreement has an initial term of two years and automatically renews for successive one-year terms unless either party provides at least ninety days’ advance written notice of non-renewal prior to the end of the then-current term. Either party may terminate the Distribution Agreement immediately if the other party (i) is suspended, excluded, or sanctioned under a state or federal healthcare program or convicted of certain criminal offenses, (ii) is subject to bankruptcy proceedings, (iii) has a final, non-appealable judgment entered against it in excess of $100,000 that materially impairs its ability to perform, or (iv) permanently discontinues its operations. Either party may also terminate the Distribution Agreement if the other party is in default of any obligation and fails to cure such default within thirty days after receiving written notice of such default.

 

The foregoing description of the Distribution Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Distribution Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

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Item 7.01 Regulation FD Disclosure.

 

On September 8, 2026, the Company issued a press release in connection with the matters discussed herein under item 1.01. A copy of that press release is furnished with this report as Exhibit 99.1.

 

The information contained in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be “filed” for the purpose of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated by reference.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

10.1   Distribution, Co-Marketing & Strategic Partnership Agreement dated September 1, 2026, between Bluejay Diagnostics, Inc. and Lovell Government Services, Inc.
99.1   Press Release, dated September 8, 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: September 8, 2026

 

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Exhibit 99.1

 

 

 

Bluejay Diagnostics and Lovell Government Services Announce Partnership to Expand Access to U.S. Federal Healthcare Markets

 

Partnership Establishes Federal Distribution and Co-Marketing Framework Across VA, DoD, Military Health Systems and Other Government Healthcare Channels

 

ACTON, Mass. and PENSACOLA, Fla. — September 8, 2026 — Bluejay Diagnostics, Inc. (NASDAQ: BJDX) (“Bluejay” or the “Company”), a medical diagnostics company focused on improving patient outcomes through its Symphony™ near-patient diagnostic platform, and Lovell Government Services, Inc. (“Lovell”), a Service-Disabled Veteran-Owned Company (“SDVOSB”) specializing in federal healthcare distribution, today announced a distribution, co-marketing and strategic partnership designed to support the introduction of Bluejay’s products into the U.S. federal healthcare market following applicable U.S. Food and Drug Administration (“FDA”) clearance or other required regulatory authorization.

 

The partnership is designed to establish a scalable federal market access and procurement infrastructure in advance of potential commercialization, positioning Bluejay to efficiently pursue opportunities across some of the largest government-operated healthcare systems in the United States, subject to applicable FDA clearance or other required regulatory authorization for its products.

 

Under the agreement, Lovell will serve as Bluejay’s exclusive distributor for federal procurement opportunities requiring or favoring SDVOSB set-aside and preferred status, including opportunities within the U.S. Department of Veterans Affairs (“VA”), Department of Defense (“DoD”), Military Health Systems (“MHS”) and Indian Health Service (“IHS”). Lovell will also have non-exclusive rights to participate in open-market federal, state and local government procurement opportunities.

 

Strategic Access to a Large Federal Healthcare Market

 

The partnership provides Bluejay with a strategic framework to access and pursue opportunities across the significant U.S. federal healthcare market, creating a potential pathway for commercial expansion if and when its devices receive applicable FDA clearance or approval and are commercially launched in the United States.

 

The Veterans Health Administration (“VHA”), the largest integrated healthcare system in the United States, encompasses approximately 170 major medical centers and 1,193 outpatient clinics, with a proposed FY2026 budget of approximately $165.1 billion. The broader federal healthcare opportunity includes approximately 45 U.S. military hospitals and 572 military medical clinics within the DoD healthcare system, with the Defense Health Agency (“DHA”) having a proposed FY2026 budget of approximately $64 billion. The Indian Health Service (“IHS”), with a proposed FY2026 budget of approximately $8.1 billion, serves approximately 2.8 million American Indians and Alaska Natives through approximately 170 IHS and tribally managed service units.

 

Together, these federal healthcare systems represent an extensive network of hospitals, medical centers, outpatient clinics and other care settings in which timely access to clinically relevant information may be important.

 

“We believe this partnership represents an important step in building Bluejay’s commercial infrastructure well ahead of potentially marketing medical devices in the US.” said Neil Dey, Chief Executive Officer of Bluejay Diagnostics. “The scale of the federal healthcare system is significant, and establishing a pathway into these markets could provide Bluejay with an important future commercialization channel.”

 

 

 

 

 

Dey continued, “We believe regulatory, manufacturing and commercial readiness should advance in parallel. Lovell brings established federal contracting infrastructure, SDVOSB capabilities and experience navigating government procurement pathways that would be difficult and time-consuming for Bluejay to develop independently.”

 

Lovell Brings Established Federal Market Infrastructure

 

Lovell Government Services specializes in helping medical and healthcare companies navigate the U.S. federal marketplace. Its experience includes working with VA medical centers, military hospitals and clinics, IHS facilities and other federal healthcare organizations.

 

Through the partnership, Lovell will leverage its SDVOSB status, federal contracting capabilities and industry relationships to support market development, facilitate appropriate introductions and pursue federal procurement opportunities for Bluejay. The parties may also collaborate on educational initiatives, conferences, customer engagement and other federal market-development activities.

 

Lovell’s established federal procurement infrastructure includes access to contract vehicles such as the VA Federal Supply Schedule (“FSS”), GSA Advantage, GSA Multiple Award Schedule (“MAS”), Defense Logistics Agency (“DLA”) DAPA and Electronic Catalog (“ECAT”). ECAT is a preferred DoD procurement vehicle for medical supplies and devices and is also utilized by the VA and IHS.

 

Lovell also participates in the Association of Military Surgeons of the United States (“AMSUS”), providing potential exposure to more than 8,000 federal health professionals through publications, meetings and conferences.

 

“We are proud to partner with Bluejay Diagnostics as they prepare to bring the Symphony platform to market. At Lovell, our mission is to connect innovative healthcare technologies with the federal healthcare providers serving our Veterans, active-duty service members, and their families. By establishing the necessary contracting and procurement pathways now, we can help position Bluejay to efficiently reach these critical healthcare systems following applicable FDA clearance,” said Chris Lovell, Major, USMC (Ret.), CEO of Lovell Government Services.

 

Building Commercial Readiness in Parallel With Regulatory Development

 

The partnership reflects Bluejay’s broader strategy of building commercialization capabilities while advancing its clinical, regulatory and manufacturing programs. Bluejay and Lovell may jointly pursue federal market-development initiatives and engage appropriate healthcare, clinical, innovation and procurement stakeholders in preparation for potential future commercialization.

 

Note: The Company’s Symphony™ rapid diagnostic platform is an investigational device and is limited by United States law to investigational use.

 

About the SYMON Clinical Study Program:

 

The SYMON Clinical Study Program includes SYMON-I (clinicaltrials.gov ID NCT06181604), SYMON-II (NCT06654895), and SYMON-III (NCT07425587). SYMON-I is a pilot study to determine IL-6 levels associated with various endpoints, including, but not limited to 28-day all-cause mortality and in-hospital mortality. The SYMON-II study is the pivotal study to validate the outcomes of the SYMON-I study, which the Company plans to use to support a 510(k) application to the FDA. The SYMON-III study is a pilot study to determine IL-6 levels associated with patients presenting with increasing severity of infection in the emergency department and risk of developing sepsis.

 

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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.

 

About Lovell Government Services

 

Lovell Government Services has been a trusted Service-Disabled Veteran-Owned Small Business (SDVOSB) vendor since 2013 with a proven track record of helping suppliers successfully navigate the federal marketplace. As a five-time Inc. 5000 honoree, Lovell partners with medical, dental, pharmaceutical, and healthcare technology companies to expand access to federal healthcare systems while helping agencies streamline procurement and improve patient care for Veterans, military personnel, and other federal beneficiaries.

 

Learn more at www.lovellgov.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, 2025, and in Part II, Item 1A, “Risk Factors” in its Quarterly Reports on Form 10-Q for the fiscal quarters ended March 31, 2026 and June 30, 2026. 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.

ir@bluejaydx.com
Website: www.bluejaydx.com

 

Lovell Government Services Contact:

 

Jeff McKay Lovell Government Services

media@lovellgov.com

850-912-4680

 

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