SEPTInvestingStart Free

BAFN 424B3: Secondary offering

Filed with the SEC on · accession 0001649739-26-000096

BAFN filed a 424B3 (prospectus (offering)) with the SEC on Sep 1, 2026. BayFirst Financial Corp. is offering up to 4,107,908 shares of common stock at $3.50 per share to existing shareholders via a rights offering, with gross proceeds of up to $14.38 million. The stock moved +10.0% by the first close after the filing.

Summary of the filing

BayFirst Financial Corp. is offering up to 4,107,908 shares of common stock at $3.50 per share to existing shareholders via a rights offering, with gross proceeds of up to $14.38 million. The offering expires on September 30, 2026, and is non-transferable.

For details, click here →How to read a 424B3 →

Key details

Shares offeredshares 4.1M
Offer price per share$4
Total gross proceeds (fully subscribed)$14.4M
IssuerBayFirst Financial Corp.
Subscription and escrow agentContinental Stock Transfer & Trust
Information agentRegan & Associates, Inc.

How BAFN stock reacted

Close before

$6.50

Aug 31, 2026

First close after

+10.00%

$7.15

5 trading days

+16.15%

$7.55

Since filing

-12.00%

$5.72

✦ Ask GOAX AI about this filing — what it means for BAFN, what changed since its last filings and what to watch next.

Try it free for 7 days

🔔 Want to stay updated on new SEC filings for BAFN?

Click here

Frequently asked questions

What did BAFN file with the SEC on Sep 1, 2026?

BAFN filed a 424B3 (Secondary offering). BayFirst Financial Corp. is offering up to 4,107,908 shares of common stock at $3.50 per share to existing shareholders via a rights offering, with gross proceeds of up to $14.38 million. The offering expires on September 30, 2026, and is non-transferable.

What does a secondary offering mean for BAFN stock?

New shares dilute existing holders and are often sold at a discount to the market price.

How do I read a 424B3?

The final terms of an offering of shares or bonds. Look at price, number of shares and the discount to the market price. Large offerings dilute existing shareholders.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 424B3 (prospectus (offering)): The final terms of an offering of shares or bonds.

How did BAFN stock react to this filing?

BAFN closed at $6.50 before the filing and $7.15 on Sep 1, 2026 (+10.00%). Five trading days later: $7.55 (+16.15%).

Other BAFN SEC filings

Get alerts when BAFN files with the SEC, plus live charts, key levels and news for 13,000+ stocks.

Try SEPT free for 7 days
BAFN overviewBAFN analysisBAFN newsLatest SEC filings