BranchOut Food Inc. (BOF): debt financing — BranchOut Food licenses EnWave tech exclusively for dragon fruit, buys $1.5M equipment

BranchOut Food Inc.

Secured global exclusive license (excl. Pacifico Snacks and Dole) for dragon fruit using EnWave tech; minimum $25k annual royalties from 2027.
Purchased refurbished 120kW REV vacuum microwave from EnWave for $1.5M via secured promissory note at 8% interest, 24 monthly payments beginning April 2026.
Equipment to be delivered to Pisco, Peru facility by Dec 31, 2026; debt secured by the equipment.
Also received prioritized co-manufacturing introductions and maintained sweet potato exclusivity in South America.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

BranchOut Food Inc. incurred loan of $1,500,000 with EnWave Corporation at 8.00% per annum maturing 24 equal monthly installments, commencing April 1, 2026.

Instrument: loan
Principal: $1,500,000
Counterparty: EnWave Corporation
Rate: 8.00% per annum
Maturity: 24 equal monthly installments, commencing April 1, 2026
Event: incurrence

Exact text from the filing

Agreement. Pursuant to the Purchase Agreement, the Company purchased from EnWave a refurbished 120kW REV vacuum microwave (the “Purchased Equipment”) for a purchase price of $1,500,000. The purchase price is payable in 24 equal monthly installments, commencing April 1, 2026, pursuant to a secured promissory note (the “Promissory Note”) bearing interest at the

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BranchOut Food Inc. filing history →

Source: SEC EDGAR

accession 0001493152-25-014243

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