secwatch.observer — SEC 8-K summary
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Issuer:     BayFirst Financial Corp. (BAFN)
CIK:        0001649739
Form:       8-K
Filed at:   2024-01-02T23:59:59+00:00
Accession:  0001649739-24-000005
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BayFirst Financial Corp. issues additional Series C Preferred stock, raising total $6.446 million
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- Issued 125 shares of Series C Convertible Preferred at $1,000/share on Dec 29, 2023, for $125k gross proceeds.
- Since Sept 30, 2023 offering start, total 6,446 shares issued to 49 investors raising $6.446 million.
- Proceeds to pay operating expenses or contribute capital to BayFirst National Bank for growth.
- Shares issued under Section 4(a)(2) and Rule 506 exemption from registration.
- Stock Purchase Agreement form filed as Exhibit 10.1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1649739/000164973924000005/0001649739-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1649739/000164973924000005/bafn-20231229.htm
  HTML page:      https://secwatch.observer/filing/0001649739-24-000005

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