BranchOut Food launches public offering of common stock
BOF•BranchOut Food launched an underwritten public offering of common stock, with all shares to be sold by the company. Proceeds will fund working capital and general corporate purposes, and the underwriter has an option to buy up to 15% additional shares to cover over-allotments.
1. Offering details
BranchOut Food launched an underwritten public offering of common stock, with all shares being sold by the company. Net proceeds will go toward working capital and general corporate purposes, including operating expenses and capital expenditures. Lake Street Capital Markets is the lead underwriter and is expected to receive a 30-day option to purchase up to 15% additional shares to cover over-allotments.
