BranchOut Food receives $750k from warrant exercise; extends note maturity, cuts interest rate to 8%

BranchOut Food Inc.

Kaufman Kapital exercises warrant for 500,000 shares at $1.50, paying $750,000 cash to the company.
Convertible note maturity extended from Dec 31, 2026 to Dec 31, 2027; interest rate reduced from 12% to 8% effective May 7, 2026.
Company cannot prepay more than $2.4M of principal on note before Sep 30, 2027.
Company to file registration statement for resale of warrant shares within 30 days.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BranchOut Food Inc. amended Warrant Exercise and Amendment to Note and Warrant Agreement with Kaufman Kapital LLC (effective 2026-05-07).

Action: amendment
Agreement: credit facility
Counterparty: Kaufman Kapital LLC
Effective: 2026-05-07

Exact text from the filing

On May 7, 2026, BranchOut Food Inc. (the “Company”) and Kaufman Kapital LLC (“Kaufman”) entered into a Warrant Exercise and Amendment to Note and Warrant Agreement (the “Agreement”)

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BranchOut Food Inc. filing history →

Source: SEC EDGAR

accession 0001493152-26-021705

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