{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-021664","form_type":"8-K","ticker":"BFST","cik":"0001624322","company_name":"Business First Bancshares, Inc.","filed_at":"2022-09-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:56.395407+00:00","generated_at":"2026-06-23T17:34:49.596644+00:00","sec_items":["1.01","3.02","3.03","5.03","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Business First Bancshares raises $72M via preferred stock private placement","bullets":["Raised $72.0M through self-managed private placement of 7.50% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A.","Dividends: fixed 7.50% for first five years, then 3-month SOFR + 470 bps quarterly; non-cumulative.","Preferred stock qualifies as additional Tier 1 capital under regulatory guidelines.","Proceeds to support b1BANK's growth, strategic opportunities, repay holding company debt, and general corporate purposes.","Perpetual term, no mandatory redemption; redeemable at $1,000/share after Aug 31, 2027, subject to regulatory approval."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-021664","json":"https://secwatch.observer/filing/0001437749-22-021664.json","markdown":"https://secwatch.observer/filing/0001437749-22-021664.md","text":"https://secwatch.observer/filing/0001437749-22-021664.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1624322/000143774922021664/0001437749-22-021664-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1624322/000143774922021664/bfbi20220831_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T17:34:49.596644+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}