Southern First Bancshares, Inc. entered into an underwriting agreement to sell 1,050,000 shares of common stock at a public offering price of $54.00 per share. The company granted underwriters a 30-day option to purchase an additional 157,500 shares. Gross proceeds are expected to be approximately $56.7 million, or $65.2 million if the underwriters' option is exercised in full. Net proceeds are estimated at approximately $53.2 million, or $61.3 million if the option is fully exercised, after deducting underwriting discounts and estimated expenses. The offering is expected to close on April 17, 2026, subject to customary closing conditions.