BayFirst Financial Corp. announced the commencement of its previously announced rights offering following SEC effectiveness of its Form S-1 registration on August 31, 2026. The company is offering up to 4,108,072 shares of common stock at a price of $3.50 per share to shareholders of record as of May 12, 2026. This transaction represents a key step in the company's recapitalization efforts. BayFirst Financial Corp. is a bank holding company that operates through its subsidiary, BayFirst National Bank, providing commercial and consumer banking services in the Tampa Bay-Sarasota region.
