Offerings // Business First Bancshares, Inc.

BFST offering history

Every offering-related filing in Business First Bancshares, Inc.’s recent SEC record — registrations (announced capacity) kept separate from pricing documents (executed sales). Reviewed 856 filings back to Nov 12, 2014.

Last executed offering

Oct 13, 2022

424B5 — priced deal (shares or notes)

Last registration (announced)

May 28, 2024

S-3 — capacity, not a sale

Executed, last 12 months

424B pricings + 8-K 3.02 sales

Registered, last 12 months

S-1/S-3/F-series registrations

Date	Filing		What it means
Sep 16, 2025	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Sep 16, 2025	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Jul 23, 2024	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Jul 23, 2024	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Jun 7, 2024	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
May 28, 2024	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
Oct 13, 2022	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Oct 12, 2022	FWP →	MARKETING	Free-writing prospectus — offering being marketed
Sep 1, 2022	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Nov 23, 2021	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Nov 23, 2021	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Jun 8, 2021	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
May 28, 2021	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
Mar 4, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Mar 4, 2020	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Mar 12, 2019	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Oct 23, 2018	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Oct 19, 2018	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Jun 5, 2018	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jun 4, 2018	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jun 4, 2018	FWP →	MARKETING	Free-writing prospectus — offering being marketed
May 25, 2018	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
May 23, 2018	S-3/A →	REGISTERED	S-3/A registration — capacity to sell shares, not a sale yet
May 4, 2018	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
Apr 27, 2018	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Apr 11, 2018	S-3/A →	REGISTERED	S-3/A registration — capacity to sell shares, not a sale yet
Feb 15, 2018	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
Oct 12, 2017	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Aug 12, 2015	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Feb 20, 2015	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Feb 18, 2015	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin

BFST offering-related filings from SEC EDGAR, newest first (capped at 40). Each links to the original document.

Two honest limits. (1) A 424B takedown can price shares or notes— EDGAR’s metadata doesn’t say which, so open the document: large investment-grade filers use these mostly for bond deals (no dilution), small-caps mostly for shares. (2) At-the-market (ATM) programs sell shares gradually and individual sales are not separately filed — the visible footprint is the enabling shelf and its 424B5; actual ATM share counts surface later in the 10-Q/10-K share count. Educational information from public filings, not investment advice.

Is a shelf active now? →Do they need money? →Red flags →Full BFST workspace →

BFST offering FAQ

When did BFST last execute an offering?

Per SEC filings, Business First Bancshares, Inc.'s most recent priced offering document is a 424B5 filed 2022-10-13. Note a 424B takedown can price shares or notes (debt) — the linked document says which.

When did BFST last announce or register an offering?

The most recent registration is a S-3 filed 2024-05-28. A registration is capacity to sell shares — not a sale.

Does an offering always mean dilution?

Registered direct offerings and shelf takedowns issue new shares and dilute existing holders. Resale registrations (424B3/B7) let existing holders sell and do not create new shares. Secondary sales by insiders also do not dilute. Each row here is labeled with what it is.