---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-022065"
form_type: "8-K"
ticker: "BOF"
cik: "0001962481"
company_name: "BranchOut Food Inc."
filed_at: "2023-06-22T23:59:59+00:00"
generated_at: "2026-06-13T19:24:50.444046+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# BranchOut Food secures Walmart contract for 2,250 stores and Costco commitment; closes $7.14M IPO

## Summary
- Walmart contract: supply multiple dehydrated fruit items to 2,250 stores (~50% of U.S. locations); shipments began late May 2023.
- BranchOut working on second project to supply additional items to 100% of Walmart stores.
- Costco commitment in Los Angeles region marks third product and fourth region for BranchOut.
- IPO closed on June 21, 2023: 1,190,000 shares at $6.00/share, net proceeds ~$7.14M after discounts and expenses.
- Reverse stock split 1-for-2.5 effective June 16, 2023; new directors appointed (David Israel, John Dalfonsi, Greg Somerville).

## SEC filing metadata
- accession: 0001493152-23-022065
- form_type: 8-K
- ticker: BOF
- cik: 0001962481
- company_name: BranchOut Food Inc.
- filed_at: 2023-06-22T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 5.02, 5.03, 5.05, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1962481/000149315223022065/0001493152-23-022065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1962481/000149315223022065/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-022065
- JSON: https://secwatch.observer/filing/0001493152-23-022065.json
- Plain text: https://secwatch.observer/filing/0001493152-23-022065.txt

## Key facts
- Executive change
  John Dalfonsi was appointed as Director at BranchOut Food Inc..
  - Action: appointed
  - Role: Director
  source text: The New Directors are David Israel, John Dalfonsi and Greg Somerville.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1962481/000149315223022065/0001493152-23-022065-index.htm
- Executive change
  David Israel was appointed as Director at BranchOut Food Inc..
  - Action: appointed
  - Role: Director
  source text: The New Directors are David Israel, John Dalfonsi and Greg Somerville.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1962481/000149315223022065/0001493152-23-022065-index.htm
- Executive change
  Greg Somerville was appointed as Director at BranchOut Food Inc..
  - Action: appointed
  - Role: Director
  source text: The New Directors are David Israel, John Dalfonsi and Greg Somerville.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1962481/000149315223022065/0001493152-23-022065-index.htm
- Governance Changes
  BranchOut Food Inc.: Reverse stock split effected by Certificate of Change, proportionally reducing authorized shares of common and preferred stock (effective 2023-06-16).
  - Change: charter amendment
  - Effective: 2023-06-16
  source text: the reverse stock split was effected by the company filing a certificate of change (the “certificate”) pursuant to nevada revised statutes (“nrs”) section 78.209 with the secretary of state of the state of nevada on june 16, 2023. under nevada law, no amendment to the company’s articles of incorporation was required in connection with the reverse stock split.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1962481/000149315223022065/0001493152-23-022065-index.htm
- Material Agreements
  BranchOut Food Inc. entered into Underwriting Agreement with Alexander Capital, L.P. as the representative of the underwriters valued at aggregate of 1,190,000 shares of Common Stock at a price to the public of $6.00 per share (effective 2023-06-15).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Alexander Capital, L.P. as the representative of the underwriters
  - Value: aggregate of 1,190,000 shares of Common Stock at a price to the public of $6.00 per share
  - Effective: 2023-06-15
  source text: On June 15, 2023, BranchOut Food Inc., a Nevada corporation (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Alexander Capital, L.P. as the representative of the underwriters named therein (the “Representative” and such other underwriters being collectively called the “Underwriters” or, individually, an “Underwriter”), relating to the issuance and sale by the Company to the Underwriters (the “Initial Public Offering”) of an aggregate of 1,190,000 shares (the “Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), at a price to the public of $6.00 per share, less underwriting discounts and commissions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1962481/000149315223022065/0001493152-23-022065-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.