BranchOut Food borrows additional $1.0M from Kaufman, ups total secured note to $4.0M

BranchOut Food Inc.

Borrowed $1,000,000 from Kaufman Kapital on June 30, 2026, via Third Amended and Restated Secured Promissory Note aggregating $4,000,000.
Note bears 8% interest, matures January 28, 2027, secured by substantially all company assets.
Proceeds used for working capital to produce customer orders.
Loan is an upsize from prior $3.0M note; previous advances totaled $1.5M (Jan 2026) and two $750k tranches (Apr/May 2026).
Note includes customary covenants and events of default, prohibits dividends and additional debt without consent.

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