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BranchOut Food Announces $2.5 Million Institutional Investment Pricing Following Record October Achieving a $20 Million Annualized Revenue Run Rate

BOF
  • BranchOut Food Inc. (NASDAQ: BOF) priced a $2.5 million institutional investment consisting of 1,034,600 shares of common stock.
  • Bard Associates, Inc. will purchase the shares in the financing deal.
  • Alexander Capital L.P. is acting as the sole bookrunner for the offering.
  • The capital will strengthen working capital reserves & fund key growth initiatives including inventory builds & capital expenditures.
  • CEO Eric Healy reported October revenue reached a record $1.7 million, equivalent to a $20 million annualized run rate.
  • BranchOut plans to expand its production facility early next year by installing a fourth large-scale production line.
  • The company is transitioning from a made-to-order model to an inventory-based production strategy to reduce air shipping & improve efficiency.
  • BranchOut's proprietary GentleDry™ technology preserves up to 95% of fresh produce nutrition & is protected by over 17 patents.
  • The offering is being made pursuant to a shelf registration statement on Form S-3 declared effective by the SEC on May 27, 2025.