BranchOut Food Inc. 8-K

What Happened BranchOut Food Inc. filed a Form 8‑K on July 1, 2026, reporting that it borrowed an additional $1,000,000 from lender Kaufman Kapital LLC on June 30, 2026. The new advance amended and restated prior promissory notes into a Third Amended and Restated Senior Secured Promissory Note (the “Amended Note”) with a principal amount of $4,000,000. The Amended Note matures January 28, 2027 and carries an 8% annual interest rate. The company says the additional proceeds will be used for working capital to produce customer orders.

Key Details

• Total principal under the Amended Note: $4,000,000 (reflecting prior borrowings of $1.5M on Jan 28, 2026; $0.75M on Apr 17, 2026; $0.75M on May 15, 2026; plus $1.0M on June 30, 2026).
• Interest rate: 8.0% per annum. Maturity date: January 28, 2027.
• Security: obligations are secured by a lien on substantially all of the company’s assets pursuant to an existing Security Agreement with Kaufman.
• The Amended Note includes customary affirmative and negative covenants and events of default.

Why It Matters This filing confirms BranchOut increased its secured indebtedness to $4.0M and tightened near‑term repayment obligations (maturing in January 2027). For investors, that means higher debt levels and an 8% interest cost that will affect cash flow and liquidity until the note is repaid or refinanced. The use of proceeds for working capital indicates the company intends to fund production to meet customer orders, but the lien on substantially all assets reduces unencumbered asset availability.