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BranchOut Food Inc. Announces $5.0 Million Underwritten Public Offering

BOF
  • BranchOut Food Inc. (NASDAQ: BOF) priced an underwritten public offering of 2,941,177 shares of common stock at $1.70 per share.
  • Gross proceeds from the offering are expected to be approximately $5.0 million before deducting underwriting discounts, commissions, and estimated offering expenses.
  • All shares in the offering are being sold by the Company.
  • Lake Street Capital Markets, LLC is acting as the representative of the underwriters.
  • The Company has granted the underwriters a 30-day option to purchase up to an additional 15% of the shares to cover over-allotments.
  • The offering is expected to close on or about October 26, 2026, subject to customary closing conditions.
  • The Company intends to use net proceeds for working capital, general corporate purposes, operating expenses, and capital expenditures.
  • The offering is made pursuant to an SEC-effective Form S-3 registration statement filed on October 16, 2026.