BranchOut Food Inc. announced on October 29, 2026, that the underwriters of its previously announced public offering have fully exercised an over-allotment option. This action resulted in the sale of an additional 441,176 shares of common stock at a price of $1.70 per share.
The exercise of the option generated gross proceeds of approximately $750,000 for the company, before deducting underwriting discounts and commissions and offering expenses. Following this transaction, the total number of shares sold in the offering increased to 3,382,353, bringing the total gross proceeds to approximately $5,750,000.
The offering was conducted pursuant to a registration statement on Form S-3 (File No. 333-299400), which was declared effective by the Securities and Exchange Commission on October 16, 2026. Lake Street Capital Markets, LLC served as the representative of the underwriters for the transaction.
