Lake Street Capital Markets LLC
08/28/2026 | Press release | Archived content
Transaction - BranchOut Food Inc. $3,208,500 Follow-on
Lake Street is pleased to announce that it served as the sole bookrunner for BranchOut Food Inc. (Nasdaq: BOF) in its underwritten public offering of 820,588 shares of common stock at a public offering price of $3.40 per share. In addition, the underwriters exercised their 30-day option to purchase an additional 15% of the shares of common stock at the public offering price. The gross proceeds to the Company from the offering, including the exercise of the over-allotment option, were approximately $3.21 million, before deducting underwriting discounts and commissions and other offering expenses. The Company intends to use the net proceeds from the offering for working capital and general corporate purposes, including operating expenses and capital expenditures.
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Lake Street Capital Markets LLC published this content on August 28, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on August 31, 2026 at 21:40 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]