BranchOut Food Announces Exercise of Over-Allotment Option in Public Offering
BEND, Ore., Oct. 29, 2026 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (Nasdaq: BOF) ("BranchOut" or the "Company"), a growth-stage consumer packaged foods company focused on developing, manufacturing, marketing and distributing clean-label, plant-based dried fruit and vegetable snacks, today announced that the underwriters of its previously announced public offering of common stock have fully exercised their option to purchase an additional 441,176 shares at the public offering price of $1.70 per share, resulting in additional gross proceeds to the Company of approximately $750,000. After giving effect to the full exercise of the over-allotment option, the total number of shares sold by BranchOut in the public offering increased to 3,382,353 shares and gross proceeds increased to approximately $5,750,000, before deducting underwriting discounts and commissions and offering expenses. The exercise of the over-allotment option closed on October 29, 2026.
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