BranchOut Food Inc. (NASDAQ: BOF) announced on August 31, 2026 that underwriters have fully exercised their option to purchase additional shares in its recent public offering. The move brings total gross proceeds to approximately $3.2 million.

The underwriters purchased an additional 123,088 shares at the public offering price of $3.40 per share. This transaction generated additional gross proceeds of approximately $418,500 for the plant-based snack maker.

Updated Offering Details

After giving effect to the full exercise of the over-allotment option, the total number of shares sold by BranchOut increased to 943,676 shares. The initial offering, priced on August 27, 2026, involved 820,588 shares and raised approximately $2.79 million.

Lake Street Capital Markets, LLC acted as the representative of the underwriters for the offering. Roth Capital Partners served as financial advisor to the company. The exercise of the over-allotment option closed on August 31, 2026.

Use of Proceeds

BranchOut plans to utilize net proceeds for working capital and general corporate purposes. This includes funding operating expenses and capital expenditures required for its growth-stage operations.

Regulatory Filings

Shares are offered pursuant to a registration statement on Form S-3 (File No. 333-287500), declared effective by the Securities and Exchange Commission on May 27, 2025. An additional registration statement filed pursuant to Rule 462(b) also applies. Investors can access the prospectus supplement via the SEC website or by contacting Lake Street Capital Markets.

About BranchOut Food Inc.

BranchOut operates as an international food technology company using its proprietary GentleDry™ technology. This dehydration method aims to preserve the nutrition, quality, and taste of fresh produce, serving branded, ingredient, and private-label customers globally.

BranchOut Food Inc. (NASDAQ: BOF) secured initial commercial orders valued at approximately $750,000 for its new Crunchy Fruit Chip Multipack Product Line and shelf-stable Dried Cheesecake Bites. The deals mark the company’s entry into international warehouse club retail in Mexico and a seasonal holiday launch in Texas with the nation’s largest warehouse club retailer.

The Multipack order is valued at $500,000, while the Dried Cheesecake Bites order stands at $250,000. Both shipments are scheduled for later this year. These launches represent the first commercialization of these specific product lines, leveraging BranchOut’s proprietary GentleDry™ technology.

Product Launch Details

The Multipack Product Line was designed for high-traffic front-of-club merchandising areas, distinct from the company’s existing larger-format dried fruit snacks sold in grocery departments. This placement strategy aims to expand BranchOut’s long-term opportunity by accessing a separate buying organization and higher-volume store sections.

BranchOut currently manufactures five core crunchy fruit varieties, allowing regional buyers to customize three-flavor assortments based on local preferences. This customization occurs during packaging, enabling multiple regional variants without adding production complexity or reducing factory efficiency.

Strategic Expansion

The Dried Cheesecake Bites represent the first retail commercialization of BranchOut’s dairy snack platform, demonstrating the versatility of its technology beyond fruit and vegetable snacks. Management noted that multiple additional regions have expressed interest in both products, suggesting potential for significant expansion if consumer demand meets expectations.

CEO Eric Healy stated that the new Multipack Product Line opens an entirely new department within the warehouse club, providing access to a second set of buyers. He added that the Dried Cheesecake Bites launch demonstrates that the company’s technology extends well beyond traditional fruit and vegetable snacks.

What the Numbers Show

The combined order value of $750,000 underscores BranchOut’s strategy of diversifying revenue streams within a single key retail partner. By securing orders in two distinct merchandising categories (front-of-club snacks and seasonal dairy items), the company is mitigating reliance on a single product type while leveraging existing manufacturing capabilities to drive incremental growth.