Recent Updates — BOF
Underwriters fully exercised the over-allotment option for BranchOut Food's public offering on October 29, 2026, selling an additional 441,176 shares at $1.70 per share. This exercise generated approximately $750,000 in gross proceeds, bringing the total shares sold to 3,382,353 and total gross proceeds to approximately $5,750,000 before deducting underwriting discounts and offering expenses. Lake Street Capital Markets LLC acted as the representative for the underwriters. BranchOut Food Inc. is a food technology company specializing in dehydrated fruit- and vegetable-based products.
BranchOut Food Inc. priced an underwritten public offering of 2,941,177 shares of common stock at $1.70 per share, raising approximately $5.0 million in gross proceeds. The company granted the underwriters a 30-day option to purchase up to 441,176 additional shares to cover over-allotments. Net proceeds are expected to be approximately $4.6 million after deducting underwriting discounts and offering expenses. The offering closed on October 26, 2026, with funds designated for working capital and general corporate purposes. BranchOut Food Inc. is a food technology company specializing in dehydrated fruit- and vegetable-based products.
BranchOut Food Inc. has commenced an underwritten public offering of its common stock to multiple investors, with Lake Street Capital Markets acting as the representative for the underwriters. The company intends to use net proceeds for working capital and general corporate purposes. Concurrently, BranchOut reported preliminary Q3 revenue of approximately $1 million and announced expectations for a record Q4 2026 revenue of $6 million to $7 million, driven by major retail launches and expanded industrial ingredient contracts that establish a recurring revenue base of roughly $4 million per quarter. The company operates in the food technology sector, specializing in dehydrated fruit, vegetable, and dairy-based snacks and ingredients.
On September 2, 2026, Deven Jain resigned as a director of Branchout Food Inc. The company stated that the resignation was not due to any disagreement with management regarding operations or policies. BranchOut Food Inc. operates in the food and beverage industry.
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.
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.