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 senior notes of $3,000,000 with Kaufman Kapital LLC at 8% per annum maturing January 28, 2027.
- Instrument
- senior notes
- Principal
- $3,000,000
- Counterparty
- Kaufman Kapital LLC
- Rate
- 8% per annum
- Maturity
- January 28, 2027
- Event
- incurrence
Exact text from the filing
On May 15, 2026, the Company borrowed an additional $750,000 from Kaufman on the same terms provided for under the Note (the “Additional Loan”), pursuant to a Second Amended and Restated Secured Promissory Note in the principal amount of $3,000,000 (the “Note”), which amends and restates the Note.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
BranchOut Food Inc. entered into Second Amended and Restated Secured Promissory Note with Kaufman Kapital LLC valued at $750,000 additional borrowing under Second Amended and Restated Secured Promissory Note in principal (effective 2026-05-15).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- Kaufman Kapital LLC
- Value
- $750,000 additional borrowing under Second Amended and Restated Secured Promissory Note in principal
- Effective
- 2026-05-15
Exact text from the filing
On May 15, 2026, the Company borrowed an additional $750,000 from Kaufman on the same terms provided for under the Note (the “Additional Loan”), pursuant to a Second Amended and Restated Secured Promissory Note in the principal amount of $3,000,000 (the “Note”), which amends and restates the Note.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
BranchOut Food Inc. amended 12% Senior Secured Convertible Promissory Note with Kaufman Kapital LLC valued at Added 9.99% beneficial ownership limitation provision (effective 2026-05-14).
- Action
- amendment
- Agreement
- notes offering
- Counterparty
- Kaufman Kapital LLC
- Value
- Added 9.99% beneficial ownership limitation provision
- Effective
- 2026-05-14
Exact text from the filing
On May 14, 2026, BranchOut Food Inc. (the “Company”), and Kaufman Kapital LLC (“Kaufman”), entered into an amendment to the 12% Senior Secured Convertible Promissory Note of the Company in the original principal amount of up to $3,400,000, dated as of July 23, 2024 (the “Convertible Note”), pursuant to which a 9.99% beneficial ownership limitation provision was added to the Convertible Note.
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