BranchOut Food (BOF)
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BranchOut Food Inc. Signs LOI and receives $250K PO from Leading Ingredient Distributor, Definitive Agreement Targeting $5-6M in 2025 Ingredient Sales
GlobeNewswire News Room· 2024-12-05 10:00
Key Highlights: Signed LOI with leading ingredient distributor, establishing immediate sales volume in the ingredient channel.Received an initial $250,000 purchase order alongside the LOI.Anticipating completing a Definitive Agreement in January with a minimum commitment of $5M in sales for 2025.New Peru factory’s three production lines are now fully operational, offering the world’s largest GentleDry™ capacity and positioned to disrupt the $36 billion freeze-dry market1. BEND, Ore., Dec. 05, 2024 (GLOBE NE ...
BranchOut Food (BOF) - 2024 Q3 - Quarterly Report
2024-11-14 21:24
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________to ________. Commission File Number 001-41723 BRANCHOUT FOOD INC. (Exact name of registrant as specified in its charter) Nevada 81-3980472 (State or other ju ...
BranchOut Food Shareholder Update: Projects $15M Run Rate and Positive Cash Flow for Q1 2025 Amid Surge in New Orders as Peru Factory Opens
Prism Media Wire· 2024-10-24 11:00
BranchOut Food Shareholder Update: Projects $15M Run Rate and Positive Cash Flow for Q1 2025 Amid Surge in New Orders as Peru Factory Opens BranchOut Peru Facility Now Operational, Driving Profitability Through High-Margin ProductionKey Highlights:Projecting $3.8M in Q1 revenue, with strong growth throughout the yearInflecting to Positive Cash Flow Beginning in Q1 2025Peru Facility Now Operational, Producing Initial Orders and Capturing High MarginsNation’s Largest Warehouse Club Reorders $1.7M After Stron ...
BranchOut Food Delivers Shareholder Update: 2024 Revenue Surges 640% in First Half, Poised for Continued Growth and Debt Elimination by Q4 2025
GlobeNewswire News Room· 2024-08-28 09:00
BranchOut Food estimated to finish year at $8 million in Net Revenue Net Revenue for 1st half 2024 up over 640% from revenue in 1st half 2023 The Company estimates $5 million in Revenue for 2nd half of 2024, double that of the same period last year, to finish 2024 near $8 million Opening new production facility in Peru with about $40 mm in capacity with first production anticipated in October Completed combined financing of $5.4 million in June and July 2024 to finance completion of new production facility ...
BranchOut Food (BOF) - 2024 Q2 - Quarterly Report
2024-08-14 20:56
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________to ________. Commission File Number 001-41723 BRANCHOUT FOOD INC. (Exact name of registrant as specified in its charter) Nevada 81-3980472 (State or other jurisdi ...
BranchOut Food Inc. Announces $3.925M CEO-led Investment Including an Insider PIPE and Convertible note
Newsfilter· 2024-07-24 11:00
BranchOut Food is currently filling orders valued at over $8 million from some of the country's largest retailers but has turned down additional orders in the trailing twelve months as it awaits the new factory opening. Eric Healy, CEO of BranchOut Food, said: "We believe BranchOut is at its inflection point. This capital will allow us to complete the construction of our large-scale production factory in Peru, giving us the capacity to manufacture our orders with significantly improved margins and control. ...
BranchOut Food Announces Closing of $1.4 Million Follow-On Public Offering
Prism Media Wire· 2024-06-28 16:06
BEND, OR, June 28, 2024 – BranchOut Food Inc. (NASDAQ: BOF), ("BranchOut" or the "Company"), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced the closing of its underwritten public offering of 1,750,000 shares of common stock at a public offering price of $0.80 per share. The gross proceeds from the offering, before underwriting discounts and commissions and estimated offering expenses payable by the Company, are approximately $1,400,000. In ad ...
BranchOut Food Announces Closing of $1.4 Million Follow-On Public Offering
Newsfilter· 2024-06-28 16:00
The securities described above were offered by BranchOut pursuant to a registration statement on Form S-1, as amended (File No. 333-280428) that was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on June 26, 2024. The offering was made only by means of a prospectus forming a part of the effective registration statement. A copy of the final prospectus related to the offering may be obtained from Alexander Capital L.P., 10 Drs James Parker Boulevard #202, Red Bank, New Jersey 07 ...
Why Is Branchout Food (BOF) Stock Down 39% Today?
Investor Place· 2024-06-27 12:26
This has Branchout Food offering investors 1.75 million shares of BOF stock for 80 cents each. That has the company expecting to raise gross proceeds of $1.4 million from the offering. What This Means for BOF Stock BOF stock is down 38.9% as of Thursday morning. More Thursday Stock Market News On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject ...
BranchOut Food Announces Nation's Largest Retailer Increases Third Contract to Approximately $1M Annually, Triples Original Commitment
Prism Media Wire· 2024-06-27 12:02
BranchOut Food Announces Nation's Largest Retailer Increases Third Contract to Approximately $1M Annually, Triples Original Commitment BEND, Ore., June 27, 2024 — BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced that the nation's largest retailer has increased the store count and overall projected sales of its third contract with BranchOut Food. The new third contract now has a value of approximately $1 mil ...