What is BAFN's dilution risk score?

BAFN has a latest available DilutionScore record of 62/100, categorized as high dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for BAFN, including shelf registrations, ATM offerings, warrant exercises, PIPE deals, and reverse split signals when detected in source data.

What SEC filings does DilutionWatch track for BAFN?

DilutionWatch tracks 25 SEC filing types for BAFN including S-3 shelf registrations, 424B prospectuses (ATM offerings), S-1 registration statements, 8-K material events, warrant exercise notices, convertible note agreements, and Form 4 insider transactions. Alerts are delivered via email within minutes of a filing appearing on EDGAR.

How does stock dilution affect BAFN shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For BAFN, common dilution events include at-the-market (ATM) stock offerings, shelf registration drawdowns, warrant exercises, and convertible note conversions. Each event increases the share count and can pressure the stock price lower.

Is DilutionWatch free for BAFN tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for BAFN. Premium plans ($19.95/month Basic, $39.95/month Premium) unlock real-time email alerts, the full Pulse™ feed, advanced dilution forecasts, and access to all 10,000+ tracked tickers.

BAFN Dilution Risk Score: 62/100 (HIGH)

Score Breakdown

📋 Offering Ability

💰Cash Runway—

📊 Float Risk

⚠️ Warrant Exposure

🔄 Convertible Debt

Dilution Forecast

⛅

Watch

Minor dilution signals detected

model est. 13%

💰 Capital Raise model 20%

• Active shelf registration ($100M, 75% of market cap)

📉 Score Deterioration model 10%

• Score in HIGH risk zone (62/100)

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Market Data

Market Cap$133.74M

Shares Outstanding26.96M

Float3.52M

Cash$139.16M

Debt$20.58M

Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

Field	Current Value	Basis
DilutionScore	62/100	DilutionWatch score record
Shares Outstanding	26.96M	Verified float table or market cache
Public Float	3.52M	Verified float table or market cache
Market Cap	$133.74M	Market data cache
Cash Runway	Not applicable / unavailable	DilutionWatch score inputs
Shelf Capacity	$100.00M	SEC-derived dilution fields
ATM Capacity	None in current score inputs	SEC-derived dilution fields
Outstanding Warrants	None in current score inputs	SEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 6.

Recent SEC source mix: 4 3, 8-K 1, S-1 1, XBRL 1.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

QoQ: ↑ 29.4% shares (2026Q1 vs prior)

17 institutional holders · 783.2K shares

#1 VANGUARD CAPITAL MANAGEMENT LLC 297.3K shares

#2 FIRST MANHATTAN CO. LLC. 127.9K shares

#3 BANC FUNDS CO LLC 91.7K shares

+ 14 more holders Sign up free to view →

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest647.1K

Days to Cover2.5

% of Float18.4%

FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL CONVERTIBLE 2023-03-28

8-K 8K EVENT 2026-04-30

S-1 SHELF 2026-04-30

4 INSIDER TRANSACTION 2026-02-06

Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual BAFN Dilution Snapshot

BayFirst Financial Corp. (BAFN) has a DilutionScore of 62/100, rated High dilution risk. Score date: October 13, 2026.

Stored shelf registration capacity: $100.0M.
Recent SEC activity tracked for BAFN: 8-K on 2026-04-30; S-1 on 2026-04-30; 4 on 2026-02-06.

This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.

DilutionScore History — Last 90 Days

BAFN's DilutionScore is currently 62/100 (High risk), with 4 score changes tracked over 89 days. The score deteriorated from 65/100 (High risk).

Period	Score	Risk Level	Duration
Oct 11 – Oct 13, 2026	62/100	HIGH	3 days
Sep 17 – Oct 10, 2026	65/100	HIGH	24 days
Aug 22 – Sep 16, 2026	64/100	HIGH	26 days
Aug 14 – Aug 21, 2026	45/100	MEDIUM	7 days
Jul 16 – Aug 13, 2026	40/100	MEDIUM	29 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Share Dilution History

BAFN shares outstanding have decreased 0.0% from 5.37M (May 2026) to 5.37M (May 2026). Each increase represents potential dilution to existing shareholders.

Date	Shares Outstanding	Public Float	Change
May 31, 2026	5.37M	3.52M	▲ 0.63%
May 21, 2026	5.37M	3.50M	▲ 0.02%

Share counts sourced from verified regulatory filings. Increases indicate dilution events.

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DilutionWatch monitors SEC filings 24/7 and alerts you the moment BAFN files a shelf registration, ATM offering, warrant notice, or convertible note. Free tier available — no credit card required.

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