BayFirst Financial (NASDAQ: BAFN) — INTERPLUS RE reports 220,000-share stake

Rhea-AI Filing Summary

INTERPLUS RE LIMITED reports beneficial ownership of 220,000 shares of BayFirst Financial Corp. The filing states INTERPLUS RE LIMITED beneficially owns 220,000 shares of common stock, representing 5.355% of the class as reported on 05/12/2026. The filer indicates sole voting and sole dispositive power over those shares.

Insights

Institutional Ownership Analyst

Large passive stake disclosed: 220,000 shares (5.355%).

INTERPLUS RE LIMITED reports beneficial ownership of 220,000 shares, equal to 5.355% of BayFirst Financial Corp.'s common stock as of 05/12/2026. The filing shows sole voting and dispositive power attributed to the filer.

Holdings at this scale can register as a significant passive position under ownership thresholds; subsequent filings may update percent if holdings change.

Corporate Governance Specialist

Disclosure clarifies control rights and beneficial ownership.

The Schedule 13G lists sole voting power and sole dispositive power over 220,000 shares, which the filer reports as 5.355% of the class. The signature block names a director as signatory with a 05/20/2026 signature date.

Filing type and percentages are relevant for governance thresholds and Section 13 reporting cadence.

Key Figures

Filing type: Schedule 13G Shares beneficially owned: 220,000 shares Percent of class: 5.355% +3 more

6 metrics

Filing type Schedule 13G Ownership disclosure

Shares beneficially owned 220,000 shares as reported on 05/12/2026

Percent of class 5.355% ownership percentage reported in Schedule 13G

Voting power Sole voting power: 220,000 number of shares with sole vote control

Dispositive power Sole dispositive power: 220,000 number of shares with sole disposal control

CUSIP 07279B104 BayFirst Financial Corp. common stock identifier

Key Terms

Schedule 13G, Beneficially owned, Sole Dispositive Power, Sole Voting Power

4 terms

Schedule 13G regulatory

"Schedule 13G filing discloses beneficial ownership of 220,000 shares"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Beneficially owned financial

"Amount beneficially owned: 220000 (b) Percent of class: 5.355%"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole Dispositive Power regulatory

"Sole Dispositive Power 220,000.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Sole Voting Power regulatory

"Sole Voting Power 220,000.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

BayFirst Financial Corp.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

07279B104

(CUSIP Number)

05/12/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 07279B104

1

Names of Reporting Persons

INTERPLUS RE Ltd

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

BARBADOS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 220,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 220,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

220,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.4 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BayFirst Financial Corp.
(b)	Address of issuer's principal executive offices: 700 CENTRAL AVENUE, SUITE 102, ST PETERSBURG, FLORIDA, 33701.
Item 2.
(a)	Name of person filing: INTERPLUS RE LIMITED
(b)	Address or principal business office or, if none, residence: 1st Floor, Limegrove Centre, Holetown, St James, Barbados
(c)	Citizenship: Barbados
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 07279B104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 220000
(b)	Percent of class: 5.355%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 220000
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 220000
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

INTERPLUS RE Ltd

Signature:	EDUARDO JOSE RIVADENEIRA LOPEZ
Name/Title:	DIRECTOR
Date:	05/20/2026

FAQ

What stake does INTERPLUS RE LIMITED report in BayFirst Financial (BAFN)?

INTERPLUS RE LIMITED reports beneficial ownership of 220,000 shares, representing 5.355% of the common stock. The Schedule 13G lists both sole voting power and sole dispositive power over those shares and cites 05/12/2026 as the report date.

Does the filing state who can vote or sell the BAFN shares?

Yes. The filing states INTERPLUS RE LIMITED has sole power to vote and sole power to dispose of the 220,000 shares. Shared voting and dispositive powers are reported as 0 in the Schedule 13G disclosure.

What form was filed to disclose INTERPLUS RE LIMITED’s holding in BAFN?

The holder filed a Schedule 13G to report passive beneficial ownership of BayFirst Financial common stock. The Schedule 13G reports the 220,000 shares and the 5.355% ownership percentage as of 05/12/2026.

Who signed the Schedule 13G for INTERPLUS RE LIMITED?

The filing is signed by Eduardo Jose Rivadeneira Lopez, listed as Director, with a signature date of 05/20/2026. The signature block appears on the Schedule 13G submitted for BayFirst Financial Corp.