BranchOut Food Inc. Exercises Over-Allotment Option in Public Offering

BEND, Ore., Oct. 29, 2026 /CourierPR/ -- BranchOut Food Inc., a growth-stage consumer packaged foods company focused on developing, manufacturing, marketing, and distributing clean-label, plant-based dried fruit and vegetable snacks, has announced the successful exercise of the over-allotment option in its public offering. The underwriters of the previously announced public offering 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.

This action brings the total number of shares sold by BranchOut in the public offering to 3,382,353, with gross proceeds increasing 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. Lake Street Capital Markets, LLC acted as the representative of the underwriters for the offering.

The company's public offering was facilitated by a registration statement on Form S-3 (File No. 333-299400), which was declared effective by the Securities and Exchange Commission (the "SEC") on October 16, 2026. A prospectus supplement relating to and describing the terms of the offering has been filed with the SEC and is available free of charge on the SEC's website at www.sec.gov.

BranchOut Food Inc. is a leading international food technology company specializing in the production of high-quality dehydrated fruit- and vegetable-based products through its proprietary GentleDry™ technology. This next-generation dehydration method is designed to preserve the nutrition, quality, and taste of fresh produce. BranchOut's technology enables the company to serve branded, ingredient, and private-label customers. For more information, visit www.branchoutfood.com or follow BranchOut Food on social media.

The company's public offering is part of its ongoing efforts to expand its market presence and strengthen its financial position. The additional funds raised will support the company's growth initiatives, including the development of new products, expansion of its distribution network, and investment in research and development to further enhance its GentleDry™ technology.

The registration statement and prospectus supplement provide detailed information about the company, its business operations, and the terms of the public offering. Investors are encouraged to review these documents carefully before making any investment decisions.