---
schema_version: "secwatch.filing_event.v1"
accession: "0001649739-23-000157"
form_type: "8-K"
ticker: "BAFN"
cik: "0001649739"
company_name: "BayFirst Financial Corp."
filed_at: "2023-05-22T23:59:59+00:00"
generated_at: "2026-06-14T18:17:10.374620+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# BayFirst Financial Corp. announces results of 2023 Annual Meeting; all 12 director nominees elected

## Summary
- Annual Meeting held May 18, 2023; 2,414,158 shares present (58.9% of outstanding).
- All 12 director nominees elected, each for a term expiring at the 2024 Annual Meeting.
- Adjournment proposal not considered as sufficient votes were present.
- Broker non-votes of 1,684,620 recorded for each director nominee.

## SEC filing metadata
- accession: 0001649739-23-000157
- form_type: 8-K
- ticker: BAFN
- cik: 0001649739
- company_name: BayFirst Financial Corp.
- filed_at: 2023-05-22T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1649739/000164973923000157/0001649739-23-000157-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649739/000164973923000157/bafn-20230518.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001649739-23-000157
- JSON: https://secwatch.observer/filing/0001649739-23-000157.json
- Plain text: https://secwatch.observer/filing/0001649739-23-000157.txt

## Key facts
- Shareholder Votes
  BayFirst Financial Corp. shareholders approved Election of 12 nominees to serve as directors for a term expiring at the 2024 Annual Meeting at the 2023-05-18 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-18
  source text: Proposal 1: A proposal to elect 12 nominees to serve as directors, each for a term expiring at the 2024 Annual Meeting of Shareholders, was presented to the shareholders. The results of the shareholder vote on the proposal were as follows: Nominees Number of Shares Voted For Abstentions and Broker Non-Vote Number of Shares Voted Withheld Derek S. Berset 2,160,835 1,684,620 253,323 Mark S. Berset 2,158,111 1,684,620 256,047 Dennis R. DeLoach, III 2,351,476 1,684,620 62,682 Alexander Harris 2,229,847 1,684,620 184,311 Tarek Helal 2,397,623 1,684,620 16,535 Anthony N. Leo 2,098,840 1,684,620 315,318 Christos Politis, M.D. 2,068,873 1,684,620 345,285 Anthony Saravanos 2,254,956 1,684,620 159,202 Bradly W. Spoor 2,414,116 1,684,620 42 Sheryl WuDunn 2,393,122 1,684,620 21,036 Thomas G. Zernick 2,393,650 1,684,620 20,508 Barbara J. Zipperian 2,392,978 1,684,620 21,180
  evidence_url: https://www.sec.gov/Archives/edgar/data/1649739/000164973923000157/0001649739-23-000157-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.