Highest-materiality recent filing
BranchOut Food borrows additional $750k from Kaufman, total debt $3M at 8% due Jan 2027
Borrowed additional $750,000 from Kaufman Kapital, bringing total principal to $3,000,000 under Second Amended Restated Note.
BranchOut Food receives $750k from warrant exercise; extends note maturity, cuts interest rate to 8%
Kaufman Kapital exercises warrant for 500,000 shares at $1.50, paying $750,000 cash to the company.
BranchOut Food borrows additional $750K, amends note to $2.25M for working capital
Borrowed $750,000 from Kaufman Kapital LLC, amending existing $1.5M note to $2.25M total principal.
Branchout Food raises CEO salary to $325K, CFO to $17.5K/mo retroactively
CEO Eric Healy annual base salary increased to $325,000, retroactive to April 15, 2025.
BranchOut Food records FY2025 rev ~$14M (+113% YoY); $1.5M loan, $500K note conversion
FY2025 net revenue ~$14M, +113% YoY; Q4 record $4.2M, +178% YoY.
BranchOut Food enters ATM Agreement for up to $1.5M common stock offering
ATM Agreement with Alexander Capital allows sale of up to $1.5M of common stock at prevailing market prices.
All six director nominees elected; Deven Jain received highest withhold votes (559,508), but still elected.
Priced 1,034,600 common shares at $2.50/share to institutional investor Bard Associates, net proceeds ~$2.31M.
BranchOut Food reports record Q3 revenue ~$3.2M, YTD up 93%; notes payable cut 92%
Record production: 38,500 kg in Sept, $16M annualized run rate, reaching breakeven level.
Director David Israel resigns; will provide business development services under contractor agreement
David Israel resigned as director of Branchout Food, effective Oct 10, 2025.
BranchOut Food licenses EnWave tech exclusively for dragon fruit, buys $1.5M equipment
Secured global exclusive license (excl. Pacifico Snacks and Dole) for dragon fruit using EnWave tech; minimum $25k annual royalties from 2027.
BranchOut Food reports record June revenue of $1.7M, 27% gross margin, approaches breakeven EBITDA
Record June: ~$1.7M revenue, 27% gross margin; EBITDA would be positive excluding $150K one-time costs.
BranchOut Food enters $3M ATM equity facility with Alexander Capital
Entered ATM agreement with Alexander Capital to sell up to $3M of common stock at-the-market.
BranchOut Food enters warrant exercise and note amendment with Kaufman for $1M cash
Kaufman exercises warrant for 1M shares at $1.00, paying $1M cash by June 16, 2025.
BranchOut Food appoints Lindsey L. Schwartz as director
Lindsey L. Schwartz, age 57, appointed to board effective February 13, 2025.
BranchOut Food ups ATM offering capacity from $3M to $5M under Alexander Capital deal
Entered First Amendment to ATM Agreement on Feb 18, 2025, raising aggregate offering price to $5,000,000 from $3,000,000.
Received $1.4M additional advance from Kaufman Kapital under 12% convertible note; total principal of $3.4M fully drawn.
BranchOut Food regains Nasdaq compliance after $1.8M ATM equity raise
Sold 928,602 shares under ATM agreement for gross proceeds of ~$1.795M.
BranchOut Food enters $3M ATM equity agreement with Alexander Capital
ATM agreement for up to $3M of common stock, effective October 23, 2024.
Nasdaq notified BranchOut on Oct 10, 2024, that it did not meet extension terms to regain compliance with Listing Rule 5550(b)(1) (minimum stockholders' equity $2.5M).
BranchOut Food H1 revenue up 640%, expects $8M FY2024, Peru facility opening Oct
Net revenue H1 2024 $2.83M, up 640% from $440K in H1 2023.
BranchOut Food receives Nasdaq deficiency notice for bid price below $1.00
Nasdaq notice on Aug 12, 2024 for bid price below $1.00 for 30 consecutive business days.
BranchOut raises up to $3.4M via 12% convertible note; insiders buy $525K unit offering
Issued $2M initial loan under 12% Senior Secured Convertible Note; conversion at $0.7582 per share.
BranchOut Food secures up to $3.4M in convertible note financing and $525K insider unit offering
Enters SPA with Kaufman Kapital LLC for $2M initial advance under 12% secured convertible note due Dec 31, 2025.
BranchOut Food prices $1.4M follow-on offering of 1.75M shares at $0.80/share
Company sold 1,750,000 shares at $0.80 per share, gross proceeds ~$1.4M.
BranchOut Food amends EnWave license: eliminates 2024 minimum royalty, expands product scope
Third Amendment adds additional products for exclusive and non-exclusive licenses under EnWave's technology.
BranchOut Food issues $150K senior secured note and warrant; aggregate $1.625M in notes outstanding
Sold $150,000 Senior Secured Promissory Note and warrant to purchase 37,500 shares to a single investor.
BranchOut Food raises $900k in senior secured notes and warrants; total $1.525M
Issued $900,000 in Senior Secured Promissory Notes and warrants for 225,000 shares to investors led by Eagle Vision Fund LP.
BranchOut Food signs 10-year lease for 50,000 sq ft Peru plant, buys $1.27M mortgage
10-year lease for 50,000 sq ft Peru food processing plant; rent escalates from $8,000/month to $25,000/month.
On July 24, 2024, in connection with the closing of the sale of the Purchased Securities under the SPA, Deven Jain was appointed to serve as a director of the Company.
Max materiality 0.90 · Median 0.65 · Most common event other_material