BAFN

In the past six months, BayFirst Financial Corp. experienced several significant stock events. On April 28, 2026, the company announced an $80.0 million capital raise through a private investment in public equity (PIPE) offering of convertible preferred stock, and Alfred Rogers was named the new Bank Chief Executive Officer. BayFirst reported a net loss of $5.7 million for the first quarter of 2026. In June 2026, the company was dropped from the Russell Microcap Growth Benchmark Index. The second quarter of 2026 saw a significant net loss of $32.7 million, or $8.05 per share, largely driven by $41.5 million in expenses related to an asset resolution plan for government-guaranteed and unguaranteed SBA 7(a) loans. Following SEC approval on August 31, 2026, BayFirst launched a rights offering on September 1, 2026, allowing existing shareholders to subscribe for up to 4,108,072 new common shares at $3.50 per share. Throughout 2025, the company underwent a strategic review, leading to the discontinuation of its Bolt loan program, an exit from SBA 7(a) lending, the sale of SBA 7(a) loan portfolios, and workforce reductions. As of September 18, 2026, the stock price was $9.24 per share, representing a 9.74% increase from $8.42 per share on September 22, 2025, with a 52-week range between $4.26 and $11.34.