BranchOut Food commences underwritten public offering of common stock

BranchOut Food commenced an underwritten public offering of common stock to multiple investors, with all shares sold by the company.

Lake Street Capital Markets is acting as underwriter representative. The underwriters will have a 30-day option to buy up to 15% more shares to cover over-allotments.

The company said it expects to use the proceeds for working capital and general corporate purposes, including operating expenses and capital expenditures.

The offering is being made under an effective Form S-3 registration statement filed with the SEC, with a prospectus supplement to set the final terms.