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GlobeNewswire·

BranchOut Food Inc. Announces $2.79 Million Underwritten Public Offering

BOF
  • BranchOut Food Inc. (NASDAQ: BOF) priced an underwritten public offering of 820,588 common shares at $3.40 per share.
  • Gross proceeds before expenses are expected to be approximately $2.79 million, with all shares sold by the Company.
  • Lake Street Capital Markets, LLC serves as the representative for the underwriters, while Roth Capital Partners acts as the financial advisor.
  • The Company granted the underwriters a 30-day option to purchase up to 15% additional shares to cover over-allotments.
  • The Offering is expected to close around August 28, 2026, subject to customary closing conditions.
  • Net proceeds will be used for working capital, general corporate purposes, operating expenses, & capital expenditures.
  • The offering is conducted pursuant to an SEC-effective Form S-3 registration statement (File No. 333-287500) & a Rule 462(b) filing.
  • BranchOut Food Inc. is a food technology company specializing in clean-label, plant-based dried fruit & vegetable snacks via its GentleDry™ dehydration technology.