BranchOut Food issues $150K senior secured note and warrant; aggregate $1.625M in notes outstanding

BranchOut Food Inc.

Sold $150,000 Senior Secured Promissory Note and warrant to purchase 37,500 shares to a single investor.
Aggregate issued to date: $1,625,000 principal amount of Senior Notes and warrants for 418,750 shares.
Notes mature Dec 31, 2024 (or earlier upon qualified financing/change of control), bear 15% interest, secured by substantially all assets.
Warrants exercisable for 10 years at $2.00 per share.

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