Home / Restatements / BayFirst Financial Corp.

5/5BayFirst Financial Corp. (BAFN): Non-reliance / restatement

Filed 2026-07-15 路 Form 8-K 路 Accession 0001649739-26-000041 nano

Market data

Price before filing: $5.5 (2026-07-14 close, split/dividend-adjusted)
Market cap at flag: $23.4M (2026-07-15) 路 Latest: $25.4M (2026-10-16)

What happened next

WindowBAFNSPYvs SPY
30 days+16.5%+3.3%+13.3%2026-08-14
90 days-5.5%+3.7%-9.2%2026-10-13
180 dayspendingpendinguntil 2027-01-11

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"As a result of management's review, on July 14, 2026, Company management recommended to the Audit Committee of the Board of Directors, and the Audit Committee agreed, that the Company's consolidated financial statements as of and for the years ended December 31, 2024, and December 31, 2025, and the quarter ended March 31, 2026, should be restated, and the previously issued consolidated financial statements, and the..."

Quoted from the filing. Source

What this means

The company says previously issued financial statements should no longer be relied upon (8-K Item 4.02). This is one of the most serious accounting red flags: past reported numbers were wrong and will be restated.

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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