BranchOut Food Inc.: offering of 2,941,177 shares closed

What happened

• The filing says the company entered into an underwriting agreement on Oct 23, 2026 with Lake Street Capital Markets LLC as representative of the underwriters and issued and sold 2,941,177 shares of common stock.
• The filing says the Offering closed on Oct 26, 2026 and the company received net proceeds of approximately $4,600,000.

Key details

• Public price: $1.70 per share, less underwriting discounts and commissions.
• Representative granted a 30-day option to purchase up to 441,176 additional shares to cover over-allotments.
• Underwriting discount: 7.0% of gross proceeds; the company also agreed to indemnify the underwriters and reimburse certain expenses.
• Officers and directors agreed to a 90-day lock-up following the date of the underwriting agreement; the registration statement on Form S-3 (File No. 333-299400) was declared effective Oct 16, 2026 and the prospectus supplement is dated Oct 23, 2026.

Why it may matter

• This report is Item 1.01 (entry into a material definitive agreement) covering the underwriting agreement for the Offering and Item 8.01 (other events) furnishing a press release announcing the pricing.
  A filing does not show why the insider traded or why the company acted.