Financing ·
BranchOut Food Inc. announced on August 31, 2026, that underwriters fully exercised their over-allotment option for…
BOFBranchOut Food Inc.
BranchOut Food Inc. announced on August 31, 2026, that underwriters fully exercised their over-allotment option for its public offering of common stock. The company sold an additional 123,088 shares at $3.40 per share, generating approximately $418,500 in gross proceeds before deducting discounts and expenses. This exercise brings the total shares sold to 943,676 and total gross proceeds to approximately $3.2 million. The transaction closed on August 31, 2026, with Lake Street Capital Markets LLC acting as representative. BranchOut Food Inc. is a food technology company specializing in dehydrated fruit- and vegetable-based products using proprietary GentleDry™ technology.