{"schema_version":"secwatch.filing_event.v1","accession":"0001649739-26-000042","form_type":"8-K","ticker":"BAFN","cik":"0001649739","company_name":"BayFirst Financial Corp.","filed_at":"2026-07-16T14:05:45+00:00","discovered_at":"2026-07-16T14:07:00.400437+00:00","generated_at":"2026-07-16T14:07:21.895249+00:00","sec_items":["5.01","5.03","5.07","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"BayFirst Financial Corp. shareholder approves exchange; Kenneth R. Lehman acquires 42.38% stake","bullets":["Shareholders approved issuance of common stock upon conversion of Series D and Series E preferred (2,401,615 for, 910,047 against).","Amendment to increase authorized common shares from 15M to 100M approved (3,239,088 for, 67,417 against).","Kenneth R. Lehman exchanged 4,000 Series E preferred shares for 11,428,000 common shares, now holding 42.38% of outstanding.","Lehman entitled to designate one board member; intends to serve as director on both company and bank boards.","Special Meeting had 80.9% quorum; no adjournment needed."],"urls":{"canonical":"https://secwatch.observer/filing/0001649739-26-000042","json":"https://secwatch.observer/filing/0001649739-26-000042.json","markdown":"https://secwatch.observer/filing/0001649739-26-000042.md","text":"https://secwatch.observer/filing/0001649739-26-000042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1649739/000164973926000042/0001649739-26-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1649739/000164973926000042/bafn-20260714.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-16T14:07:21.895249+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"}