BranchOut Food Prices $1.4 Million Follow-On Public Offering

Company Overview - BranchOut Food Inc. is a leading food technology company specializing in dehydrated fruit and vegetable-based products, protected by over 17 patents [11]. Offering Details - The company announced a public offering of 1,750,000 shares of common stock at a price of $0.80 per share, expecting gross proceeds of approximately $1,400,000 before underwriting discounts and commissions [3][4]. - The underwriters have a 45-day option to purchase up to 262,500 additional shares at the public offering price [3]. Use of Proceeds - The net proceeds from the offering will be used for working capital and general corporate purposes, including operating expenses and capital expenditures [4]. Closing Information - The offering is expected to close on or about June 28, 2024, subject to customary closing conditions [9].