BayFirst Financial Corp. Files 8-K on Shareholder Votes & Exhibits
Ticker: BAFN · Form: 8-K · Filed: May 17, 2024 · CIK: 1649739
Sentiment: neutral
Topics: corporate-governance, financial-reporting, filing
Related Tickers: BAFN
TL;DR
BayFirst Financial Corp. filed an 8-K detailing shareholder votes and financial exhibits.
AI Summary
BayFirst Financial Corp. filed an 8-K on May 17, 2024, reporting on matters submitted to a vote of security holders and financial statements. The filing pertains to events on May 16, 2024, and includes exhibits. The company, formerly known as First Home Bancorp Inc., is incorporated in Florida and headquartered in St. Petersburg.
Why It Matters
This filing provides important updates on corporate governance and financial reporting for BayFirst Financial Corp. and its shareholders.
Risk Assessment
Risk Level: low — This is a routine filing for corporate reporting and does not indicate any immediate financial distress or significant operational changes.
Key Players & Entities
- BayFirst Financial Corp. (company) — Registrant
- First Home Bancorp Inc. (company) — Former company name
- May 16, 2024 (date) — Date of earliest event reported
- May 17, 2024 (date) — Filing date
- 727-399-5600 (phone_number) — Business phone number
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates 'Submission of Matters to a Vote of Security Holders' as an item, but the specific details of these matters are not provided in the provided text.
What financial statements and exhibits are included in this filing?
The filing states 'Financial Statements and Exhibits' are included, but the specific content of these exhibits is not detailed in the provided text.
When was BayFirst Financial Corp. formerly known as?
BayFirst Financial Corp. was formerly known as First Home Bancorp Inc., with a date of name change on July 31, 2015.
Where is BayFirst Financial Corp. incorporated and headquartered?
BayFirst Financial Corp. is incorporated in Florida and headquartered at 700 Central Avenue, Suite 102, St. Petersburg, Florida.
What is the SIC code for BayFirst Financial Corp.?
The Standard Industrial Classification (SIC) code for BayFirst Financial Corp. is 6022, which corresponds to State Commercial Banks.
Filing Stats: 748 words · 3 min read · ~2 pages · Grade level 10.8 · Accepted 2024-05-17 16:40:28
Filing Documents
- bafn-20240516.htm (8-K) — 46KB
- 0001649739-24-000142.txt ( ) — 171KB
- bafn-20240516.xsd (EX-101.SCH) — 2KB
- bafn-20240516_lab.xml (EX-101.LAB) — 22KB
- bafn-20240516_pre.xml (EX-101.PRE) — 13KB
- bafn-20240516_htm.xml (XML) — 3KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. The 2024 Annual Meeting of Shareholders (the "Annual Meeting") of BayFirst Financial Corp. (the "Company") was held on May 16, 2024. There were a total of 4,134,914 shares of common stock outstanding as of the record date for the Annual Meeting, of which 2,384,160 were present in person or by proxy at the meeting, representing 57.7% of the outstanding shares eligible to vote. Proposal 1: A proposal to elect 12 nominees to serve as directors, each for a term expiring at the 2025 Annual Meeting of Shareholders, was presented to the shareholders. The results of the shareholder vote on the proposal were as follows: Nominees Number of Shares Voted For Abstentions and Broker Non-Vote Number of Shares Voted Withheld Derek S. Berset 2,146,362 1,750,754 237,798 Mark S. Berset 2,136,555 1,750,754 247,605 Dennis R. DeLoach, III 2,136,709 1,750,754 247,451 Alexander Harris 2,143,417 1,750,754 240,743 Tarek Helal 2,146,813 1,750,754 237,347 Anthony N. Leo 2,158,045 1,750,754 226,115 Christos Politis, M.D. 2,165,639 1,750,754 218,521 Anthony Saravanos 2,166,114 1,750,754 218,046 Bradly W. Spoor 2,163,358 1,750,754 220,802 Sheryl WuDunn 2,137,158 1,750,754 247,002 Thomas G. Zernick 2,148,749 1,750,754 235,411 Barbara J. Zipperian 2,132,972 1,750,754 251,188 Proposal 2. Adjournment. A proposal to adjourn the BayFirst Annual 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 Annual Meeting to approve the BayFirst Board of Directors proposal (the "BayFirst adjournment proposal"). No adjournment of the Annual Meeting was determined to be necessary or appropriate and, accordingly, the Annual Meeting was not adjourned and proceeded to conclusion without consideration of a proposal to adjourn the Annual Meeting.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Exhibit Name Filed Herewith 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) * . The information in this report (including the exhibits) shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BAYFIRST FINANCIAL CORP. Date: May 17, 2024 By: /s/ Scott J. McKim Scott J. McKim Chief Financial Officer