Financing ·
BranchOut Food Inc. entered into an underwriting agreement on August 26, 2026, to sell 820,588 shares of common stock…
BOFBranchOut Food Inc.
BranchOut Food Inc. entered into an underwriting agreement on August 26, 2026, to sell 820,588 shares of common stock at $3.40 per share in an underwritten public offering. The company granted a 30-day option for the underwriters to purchase up to 123,088 additional shares to cover over-allotments. The offering closed on August 28, 2026, generating net proceeds of approximately $2,500,000 after deducting underwriting discounts and expenses. Proceeds will be used for working capital and general corporate purposes. BranchOut Food Inc. operates in the food technology industry, specializing in the production of dehydrated fruit- and vegetable-based products using its proprietary GentleDry™ technology.