{"url_path":"/sec/bafn/8-k/2026-07-16/item-5-07","section_key":"item-5-07","section_title":"Item 5.07 Submission of Matters to a Vote of Security Holders.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-16","source_url":"https://www.sec.gov/Archives/edgar/data/1649739/0001649739-26-000042-index.html","accession_number":"0001649739-26-000042","cik":"0001649739","ticker":"BAFN","issuer_name":"BayFirst Financial Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1649739/0001649739-26-000042-index.html","primary_entity_key":"0001649739","primary_entity_name":"BayFirst Financial Corp."},"word_count":281,"has_tables":true,"body_markdown":"Item 5.07. Submission of Matters to a Vote of Security Holders.\n\nThe Special Meeting of Shareholders (the “Special Meeting”) of the Company was held on July 14, 2026. There were a total of 4,106,905 shares of common stock outstanding as of the record date for the Special Meeting, of which 3,324,053 were present in person or by proxy at the meeting, representing 80.9% of the outstanding shares eligible to vote.\n\nProposal 1:\n\nA proposal to approve of the issuance of shares of the Company’s common stock upon the conversion or exchange of shares of the Company’s recently issued Series D and Series E preferred stock was presented to the shareholders. The results of the shareholder vote on the proposal were as follows:\n\nNumber of Shares Voted ForAbstentions and Broker Non-VoteNumber of Shares Voted Withheld\n\n2,401,615910,04712,391\n\nProposal 2:\n\nA proposal to approve an amendment to the Company’s articles of incorporation to increase the number of authorized shares of the Company’s common stock from 15,000,000 to 100,000,000 was presented to the shareholders. The results of the shareholder vote on the proposal were as follows:\n\nNumber of Shares Voted ForAbstentions and Broker Non-VoteNumber of Shares Voted Withheld\n\n3,239,08867,41717,548\n\nProposal 3.\n\nAdjournment. A proposal to adjourn the BayFirst Special Meeting to a later date or dates, if necessary, to permit further solicitation of proxies if there were not sufficient votes at the time of the BayFirst Special Meeting to approve the BayFirst Board of Directors proposal (the “BayFirst adjournment proposal”). No adjournment of the Special Meeting was determined to be necessary or appropriate and, accordingly, the Special Meeting was not adjourned and proceeded to conclusion without consideration of a proposal to adjourn the Special Meeting."}