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Form 8-K

sec.gov

8-K — BayFirst Financial Corp.

Accession: 0001649739-26-000097

Filed: 2026-09-01

Period: 2026-09-01

CIK: 0001649739

SIC: 6022 (STATE COMMERCIAL BANKS)

Item: Other Events

Item: Financial Statements and Exhibits

Documents

8-K — bafn-20260901.htm (Primary)

EX-99.1 (bayfirstq32026rightsofferi.htm)

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8-K

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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

BAYFIRST FINANCIAL CORP.

(Exact name of registrant as specified in its charter)

Florida 001-41068 59-3665079

(State or other jurisdiction

of incorporation)

(Commission

file number)

(IRS employer

identification no.)

700 Central Avenue 33701

St. Petersburg, Florida

(Zip Code)

(Address of principal executive offices)

(727) 440-6848

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since 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):

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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

Title of each class registered Trading Symbol(s) Name of exchange on which registered

Common Stock BAFN The Nasdaq Stock Market LLC

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 1933 (§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. ☐

Item 8.01 Other Events.

On September 1, 2026, BayFirst Financial Corp. (the “Company”) issued a press release announcing the commencement of its previously announced rights offering. A copy of the press release is furnished as Exhibit 99.1.

Additional information regarding the rights offering can be found in the Company’s final prospectus filed on September 1, 2026 with the Securities and Exchange Commission pursuant to Rule 424(b)(3).

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number

Exhibit Name

Filed Herewith

99.1

BayFirst Financial Corp. Press Release dated September 1, 2026

*

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

*

The information in this report (including the exhibits) shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

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.

BAYFIRST FINANCIAL CORP.

Date: September 1, 2026

By: /s/ Scott J. McKim

Scott J. McKim

Chief Financial Officer

EX-99.1

EX-99.1

Filename: bayfirstq32026rightsofferi.htm · Sequence: 2

Document

Contacts:

Alfred T. Rogers, Jr. Scott J. McKim

Chief Executive Officer Chief Financial Officer

727.685.2097  727.521.7085

BayFirst Financial Corp. Launches Rights Offering

ST. PETERSBURG, FL. — September 1, 2026 — BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or “Company”), parent company of BayFirst National Bank announced that on August 31, 2026, the Securities and Exchange Commission (the “SEC”) issued a Notice of Effectiveness for the Company’s Form S-1 Registration. Pursuant to the final prospectus contained therein, the Company is offering shareholders of record as of May 12, 2026, up to 4,108,072 shares of common stock at a price of $3.50. Additional information regarding the rights offering can be found in the final prospectus filed on September 1, 2026 with the SEC pursuant to Rule 424(b)(3).

“We are excited for the next step in the recapitalization of the Company,” stated Scott McKim, Chief Financial Officer. “The prospectus and rights card for eligible shareholders who wish to exercise their subscription rights are being sent. We have engaged Regan & Associates, Inc. as our information agent for this offering and eligible shareholders may direct questions to them at (800) 737-3426 or (212) 587-3005."

About BayFirst Financial Corp.

BayFirst Financial Corp. is a registered bank holding company based in St. Petersburg, Florida which commenced operations on September 1, 2000. Its primary source of income is derived from its wholly owned subsidiary, BayFirst National Bank, a national banking association which commenced business operations on February 12, 1999. The Bank currently operates eleven full-service banking offices throughout the Tampa Bay-Sarasota region and offers a broad range of commercial and consumer banking services to businesses and individuals. As of June 30, 2026, BayFirst Financial Corp. had $1.13 billion in total assets.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Note: Transmitted on Globe Newswire on September 1, 2026 at 9:05 a.m. ET.

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