{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-023738","form_type":"8-K","ticker":"BOF","cik":"0001962481","company_name":"BranchOut Food Inc.","filed_at":"2026-05-15T20:05:19+00:00","discovered_at":"2026-05-15T20:09:23.915756+00:00","generated_at":"2026-05-15T20:09:44.652982+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"BranchOut Food borrows additional $750k from Kaufman, total debt $3M at 8% due Jan 2027","bullets":["Borrowed additional $750,000 from Kaufman Kapital, bringing total principal to $3,000,000 under Second Amended Restated Note.","Note matures Jan 28, 2027, bears 8% interest per annum, secured by substantially all company assets.","Proceeds used for working capital to produce customer orders.","Convertible note amended to cap Kaufman's beneficial ownership at 9.99% after conversion."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-023738","json":"https://secwatch.observer/filing/0001493152-26-023738.json","markdown":"https://secwatch.observer/filing/0001493152-26-023738.md","text":"https://secwatch.observer/filing/0001493152-26-023738.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1962481/000149315226023738/0001493152-26-023738-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1962481/000149315226023738/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T20:09:44.652982+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d0028bba5bd337c8083babe06b493037143fbb36","claim":"BranchOut Food Inc. incurred senior notes of $3,000,000 with Kaufman Kapital LLC at 8% per annum maturing January 28, 2027.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1962481/000149315226023738/0001493152-26-023738-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$3,000,000"},{"label":"Counterparty","value":"Kaufman Kapital LLC"},{"label":"Rate","value":"8% per annum"},{"label":"Maturity","value":"January 28, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"156557dbb9f5e24a4f38638b798d0a0e41885d1a","claim":"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).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1962481/000149315226023738/0001493152-26-023738-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Kaufman Kapital LLC"},{"label":"Value","value":"$750,000 additional borrowing under Second Amended and Restated Secured Promissory Note in principal"},{"label":"Effective","value":"2026-05-15"}],"fact_type":"material_agreement"},{"claim_id":"f383c62cf419f0d001055aff7367d658fbefa479","claim":"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).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1962481/000149315226023738/0001493152-26-023738-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Kaufman Kapital LLC"},{"label":"Value","value":"Added 9.99% beneficial ownership limitation provision"},{"label":"Effective","value":"2026-05-14"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}