Southern First Bancshares Files Preliminary Q1 2026 Results, Announces Offering

What Happened

• On April 15, 2026, Southern First Bancshares, Inc. filed a Current Report on Form 8-K to furnish a Preliminary Prospectus Supplement and a press release announcing the commencement of an underwritten public offering of the company’s common stock.
• The Preliminary Prospectus Supplement includes preliminary, estimated unaudited financial results for the three months ended March 31, 2026. These figures are management estimates based on internal reports and have not been finalized or audited.

Key Details

• Date filed: April 15, 2026.
• Period covered by preliminary results: three months ended March 31, 2026.
• Preliminary results are unaudited management estimates and may change when final Q1 results are reported in the company’s Form 10-Q.
• The company’s independent registered public accounting firm has not audited, reviewed, compiled, or expressed any assurance on these preliminary results.
• Exhibits filed: excerpt from the Preliminary Prospectus Supplement (Exhibit 99.1) and a press release announcing the offering (Exhibit 99.2).

Why It Matters

• Investors get an early look at Southern First’s expected Q1 2026 performance but should treat these numbers as provisional; final audited results may differ materially. The concurrent announcement of an underwritten public offering signals the company is raising equity capital, which can affect share supply and ownership dilution. Review the forthcoming Form 10-Q and the finalized prospectus for full audited results and details of the offering before making investment decisions.