secwatch.observer — SEC 8-K summary
======================================

Issuer:     BranchOut Food Inc. (BOF)
CIK:        0001962481
Form:       8-K
Filed at:   2023-06-22T23:59:59+00:00
Accession:  0001493152-23-022065
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 3.02, 3.03, 5.02, 5.03, 5.05, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1962481/000149315223022065/0001493152-23-022065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1962481/000149315223022065/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-022065

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer