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BranchOut Food Announces Exercise of Over-Allotment Option in Public Offering

BOF
  • BranchOut Food Inc. (NASDAQ: BOF) announced that underwriters fully exercised their over-allotment option to purchase 123,088 additional shares.
  • The additional shares were purchased at the public offering price of $3.40 per share, generating approximately $418,500 in gross proceeds.
  • The total number of shares sold in the offering increased to 943,676 shares, raising total gross proceeds to approximately $3.2 million before deducting costs.
  • The over-allotment option exercise closed on August 31, 2026, in Bend, Oregon.
  • Lake Street Capital Markets, LLC served as the representative for the underwriters of the offering.
  • The offering was conducted under an SEC-effective Form S-3 registration statement declared on May 27, 2025.
  • BranchOut Food Inc. is a food technology company utilizing its proprietary GentleDry™ technology to produce dehydrated fruit & vegetable snacks.