{"filing":{"accession_number":"0001649739-26-000097","cik":"0001649739","ticker":"BAFN","company_name":"BayFirst Financial Corp.","form":"8-K","filing_date":"2026-09-01","report_date":"2026-09-01","primary_document":"bafn-20260901.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1649739/000164973926000097/bafn-20260901.htm"},"events":[{"id":30828,"run_id":28268,"accession_number":"0001649739-26-000097","anchor_item_number":"8.01","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"BayFirst Financial Corp. announced commencement of a rights offering to existing shareholders, offering up to 4,108,072 shares of common stock at $3.50 per share. The press release explicitly states the SEC issued a Notice of Effectiveness for the Form S-1 Registration on August 31, 2026, and the final prospectus was filed pursuant to Rule 424(b)(3). This is a material equity issuance that will dilute existing shareholders and is part of the company's \"recapitalization,\" signaling capital-raising activity typical of dilutive issuances.","company_name":"BayFirst Financial Corp.","ticker":"BAFN","filing_date":"2026-09-01","form":"8-K","submitted_at":null,"items":[{"id":33550,"accession_number":"0001649739-26-000097","item_number":"8.01","item_title":"Other Events.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"BayFirst Financial Corp. announced commencement of a rights offering to existing shareholders, offering up to 4,108,072 shares of common stock at $3.50 per share. The press release explicitly states the SEC issued a Notice of Effectiveness for the Form S-1 Registration on August 31, 2026, and the final prospectus was filed pursuant to Rule 424(b)(3). This is a material equity issuance that will dilute existing shareholders and is part of the company's \"recapitalization,\" signaling capital-raising activity typical of dilutive issuances.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-01T13:10:04.205528+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":33550,"accession_number":"0001649739-26-000097","item_number":"8.01","item_title":"Other Events.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"BayFirst Financial Corp. announced commencement of a rights offering to existing shareholders, offering up to 4,108,072 shares of common stock at $3.50 per share. The press release explicitly states the SEC issued a Notice of Effectiveness for the Form S-1 Registration on August 31, 2026, and the final prospectus was filed pursuant to Rule 424(b)(3). This is a material equity issuance that will dilute existing shareholders and is part of the company's \"recapitalization,\" signaling capital-raising activity typical of dilutive issuances.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-01T13:10:04.205528+00:00","company_name":"BayFirst Financial Corp.","ticker":"BAFN","filing_date":"2026-09-01"}]}