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BranchOut Food Secures Estimated $8 Million Annual Revenue Program with Nation's Second-Largest Warehouse Club

BOF
  • BranchOut Food announced everyday placement of Crunchy Fruit Chips in 309 clubs of the nation's second-largest warehouse club starting in September.
  • The conversion from a May rotation to recurring placement is expected to generate approximately $8 million in incremental annual revenue.
  • Continuous production of four core dried fruit chip varieties will improve manufacturing efficiency & support a transition to positive operating cash flow.
  • The retailer is evaluating a second Tropical Mix multipack featuring mango, pineapple, & banana for rotational testing early next year.
  • BranchOut secured a $1.0 million non-convertible working capital loan from Kaufman Kapital LLC at 8% annual interest to fund raw material purchases & production ramp-up.
  • The new loan is separate from the Company's existing convertible note with Kaufman Kapital & contains no conversion features or equity-linked consideration.
  • BranchOut's proprietary GentleDry™ technology preserves up to 95% of fresh produce nutrition & is protected by over 18 patents.