STOCK TITAN

BranchOut Food expects $6M–$7M in Q4 2026 revenue

Retail launches and expanded ingredient commitments are cited as drivers of projected sales; offering proceeds are intended for working capital and general corporate purposes.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
8-K

Rhea-AI Filing Summary

BranchOut Food Inc. said preliminary third-quarter 2026 revenue is expected to be approximately $1 million and management expects fourth-quarter revenue of $6 million to $7 million, up 50% to 75% year over year. The Q3 estimate includes approximately $420,000 in warehouse-club shipments originally scheduled for late September that shifted into early October. At the Q4 midpoint, management estimates an approximately $26 million annualized revenue run rate; expected full-year 2026 revenue is $14 million to $15 million. September production reached a record approximately 55,000 kilograms, and the company targets 60,000–70,000 kilograms monthly during Q4. Management cited retail launches and expanded ingredient commitments as sales drivers.

BranchOut also commenced a proposed underwritten public offering of common stock, all of which is to be sold by the company. It expects to grant Lake Street Capital Markets, LLC, the underwriters’ representative, a 30-day option to purchase up to an additional 15% of shares sold solely to cover over-allotments. Net proceeds are intended for working capital and general corporate purposes, including operating expenses and capital expenditures. The offering is subject to market and other conditions.

1 point · 0 major

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It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

0 major · 0 points

Hollow bars mark forward-looking points. How the balance works

Positive

  • Moderate point. Forward-looking: it has not happened yet and may not happen.Q4 revenue forecast: $6 million to $7 million, up 50% to 75% year over year.

Negative

  • None.

Filing Explained

The company says a prospectus supplement describing the offering’s terms will be filed; this announcement does not establish the offering’s size or share count, so the amount of proceeds and the potential ownership effect for existing holders cannot yet be assessed.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Preliminary Q3 2026 revenue Approximately $1 million Management estimate for the third quarter of 2026
Q4 2026 revenue $6 million to $7 million Management expectation for the fourth quarter of 2026
Q4 year-over-year revenue growth 50% to 75% Management expectation for the fourth quarter
Full-year 2026 revenue $14 million to $15 million Management expectation
September production Approximately 55,000 kilograms Monthly production record
Q4 monthly production target Approximately 60,000 to 70,000 kilograms Target monthly production during the fourth quarter
Over-allotment option Up to an additional 15% of shares sold Expected 30-day option granted to the underwriters’ representative, solely to cover over-allotments
annualized run rate financial
"an annualized run rate of approximately $26 million"
A projection that takes a company’s recent revenue or other performance for a short period and scales it up to estimate what that number would look like over a full year. Investors use it like a speedometer reading — a quick way to gauge the company’s current pace and compare growth, but it can be misleading if the recent period was unusually strong, weak, or affected by seasonal swings or one-time events.
cash operating breakeven financial
"cash operating breakeven at approximately 45,000 kilograms"
The level of sales or other operating cash inflows at which a company's cash paid operating costs equal its cash receipts, so operating cash flow before financing, taxes and non‑cash charges is zero. It is calculated by covering all cash operating expenses (payroll, rent, materials, cash SG&A, etc.) with contribution margin from revenue, and can be expressed as a revenue target or units sold given a contribution margin. Distinction: this excludes non‑cash accounting items (depreciation, amortization), financing costs and often capital expenditures or one‑time cash items, so it differs from an accounting (net income) breakeven and from measures that include financing or capex.
underwritten public offering financial
"commenced an underwritten public offering"
An underwritten public offering is when a company sells new shares of its stock to the public with the help of a financial firm, called an underwriter. The underwriter agrees to buy all the shares upfront, reducing the company's risk, and then sells them to investors. This process helps companies raise money quickly and confidently from a wide range of buyers.
over-allotments financial
"solely to cover over-allotments"
An over-allotment is a temporary extra batch of shares that the underwriters of a stock offering are allowed to sell beyond the original amount, with the right to buy those shares back later. Think of it as spare tickets sold to meet demand and then reclaimed if needed to keep the market orderly; it helps stabilize the stock price after an offering and can affect short-term supply and potential dilution, which matters to investors tracking price and ownership stakes.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What Q4 revenue does BOF expect?

Management expects BOF’s fourth-quarter 2026 revenue to be $6 million to $7 million, up 50% to 75% year over year. At the midpoint, the estimate implies an approximately $26 million annualized revenue run rate.

What are the terms of BOF’s proposed public offering?

BOF commenced an underwritten public offering of common stock, with all shares in the offering to be sold by the company. It expects to grant Lake Street Capital Markets, LLC, the underwriters’ representative, a 30-day option to purchase up to an additional 15% of shares sold solely to cover over-allotments. The offering is subject to market and other conditions.

Why was BOF’s Q3 2026 revenue expected to be approximately $1 million?

Management cited the timing of customer deliveries and major retail launches. The estimate included approximately $420,000 in warehouse-club shipments originally scheduled for late September that shifted into early October.

How does BOF intend to use public offering proceeds?

BOF intends to use net proceeds for working capital and general corporate purposes, including operating expenses and capital expenditures.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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false 0001962481 0001962481 2026-10-22 2026-10-22 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 22, 2026

 


BRANCHOUT FOOD INC.

(Exact name of registrant as specified in its charter)

 

Nevada001-41723   87-3980472

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification Number)

 

205 SE Davis Avenue, Bend Oregon97702
(Address of principal executive offices) (Zip Code)

 

(844) 263-6637

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 


Title of each class
  Trading Symbol(s)  
Name of each exchange on which registered
Common Stock, par value $0.001 per share   BOF   Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 8.01. Other Events

 

On October 22, 2026, BranchOut Food Inc. (the “Company”) issued a press release that included, among other things, selected preliminary financial results for its quarterly period ended September 30, 2026 and certain forward-looking business and operational updates. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

 

In addition, on October 22, 2026, the Company issued a press release announcing that it has commenced an underwritten public offering of its shares of common stock (the “Offering”). A copy of this press release is furnished as Exhibit 99.2 to this Current Report on Form 8-K.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibits 99.1Press Release dated October 22, 2026 providing a shareholder update and reporting selected preliminary financial results
Exhibits 99.2 Press Release dated October 22, 2026 with respect to the Offering
Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  BranchOut Food Inc.
   
Date: October 22, 2026 By: /s/ Eric Healy
    Eric Healy, Chief Executive Officer

 

 

 

 

Exhibit 99.1

 

 

BranchOut Food Expects to Exit 2026 at a ~$26M Annualized Run Rate, Roughly 80% Above FY2026 Revenue, Based on Forecasted Record Q4 Revenue of $6M–$7M

 

Q4 revenue expected to grow 50%–75% year over year, driven by major retail launches and ingredient growth, establishing a new recurring revenue base of approximately $4 million per quarter. This represents a fundamental shift from the Company’s historical reliance on large, one-time orders, creating a predictable revenue foundation for the first time, with additional retail programs providing growth beyond this new base.

 

Key Highlights

 

●Record Q4 revenue of $6 million to $7 million expected, up 50–75% year over year, representing a $24 million to $28 million annualized run rate and a substantially higher revenue base heading into 2027.

 

●Q3 revenue of approximately $1 million, reflecting timing of customer delivery schedules, with approximately $420,000 of warehouse club shipments delivered in early October, and a major ingredient customer expanded its program by approximately $3 million, with deliveries from Q4 through 2027.

 

●No Additional Capital Anticipated: Following the anticipated closing of a common stock offering in October 2026, management believes the Company will have sufficient capital to fund its current operating plan and anticipated growth initiatives, including for seasonal raw material purchases and increased production volumes.

 

 

 

 

●Recurring revenue base of approximately $4 million per quarter heading into 2027, driven by:

 

○Newly launched everyday retail program in 309 clubs at the nation’s second-largest warehouse club retailer.

 

○Five branded products now on shelves at a leading U.S. mass retailer.

 

○Contracted industrial ingredient orders, with ingredient revenue projected to grow from approximately $2 million in 2025 to $6–7 million in 2026 and more than $10 million in 2027.

 

●In-season raw material purchases for strawberry and blueberry programs were well below the off-season prices that cut Q2 gross margin and are expected to improve gross margin beginning in Q4.

 

●Record Production and Approaching Cash Breakeven: Production reached a record 55,000 kg in September, with 60,000–70,000 kg per month targeted for Q4. Management estimates monthly cash operating breakeven at approximately 55,000 kg ($21 million annualized revenue).

 

●New programs: an approximately $2 million Tropical Fruit Mix order beginning to ship in December, plus Dried Cheesecake Snacks at the nation’s two largest warehouse club retailers.

 

●Crunchy Cheese Sticks entering a major dollar-channel test, with potential to become an approximately $5 million annual recurring revenue program.

 

●Engaged Hayden IR to lead its investor relations program, and will be presenting at Planet MicroCap: Toronto 2026 on Wednesday October 28th at 9:00am ET and will be available for 1x1 investor meetings October 28 and 29.

 

 

 

 

BEND, Ore., Oct 22nd 2026 — BranchOut Food Inc. (NASDAQ: BOF), a food technology company pioneering next-generation fruit, vegetable, and dairy-based snacks and ingredients through its advanced REV dehydration technology, today provided a third-quarter business update and outlined management’s expectations for record fourth-quarter 2026 revenue of $6 million to $7 million, up 50% to 75% year over year. At the midpoint, fourth-quarter revenue implies an annualized run rate of approximately $26 million, roughly 80% above expected full-year 2026 revenue of $14 million to $15 million.

 

The anticipated record fourth quarter is driven by increasing factory production, major new everyday, continuous retail programs, and rapid growth in the Company’s industrial ingredient business. With BranchOut ingredients increasingly incorporated into established product formulations at major CPG companies, the Company is developing a growing foundation of predictable, recurring revenue.

 

Management believes these developments represent an important turning point as BranchOut transitions from a business historically dependent on large, onetime purchase orders toward a more consistent recurring revenue base, with significantly greater visibility into future customer demand.

 

Q3 Investments and Expanding Customer Commitments Position Company for Record Fourth Quarter

 

BranchOut’s third quarter was focused on preparing for a significant increase in business, with major everyday retail programs launching and industrial ingredient customers substantially expanding their purchase commitments. Several large industrial ingredient customers rescheduled deliveries from Q3 into Q4 while significantly increasing their overall orders, including the launch of substantial recurring blueberry, strawberry, and banana programs. These expanded commitments reflect growing demand and provide greater visibility into future revenue throughout 2027 and beyond. At the same time, the Company prepared for the launch of everyday retail programs with two of the nation’s largest retailers, both expected to contribute meaningfully to fourth-quarter revenue and establish new sources of recurring business.

 

 

 

 

To support this growth, BranchOut invested significantly in raw materials, finished goods inventory, manufacturing equipment, and production capacity during Q3, positioning the Company to increase production and fulfill its expanding order book. Due to the timing of customer deliveries and major retail launches, Q3 revenue is expected to be approximately $1 million, including the impact of approximately $420,000 in warehouse club shipments originally scheduled for late September that shifted into early October. Additionally, a major industrial ingredient customer expanded its program by approximately $3 million, with deliveries scheduled from Q4 2026 through the first half of 2027.

 

Based on current booked orders and anticipated delivery schedules, management expects record Q4 revenue of approximately $6 million to $7 million, representing a significant increase from Q3 and all prior quarters.

 

More importantly, management believes these developments mark a fundamental shift toward a larger, more predictable base of recurring revenue, supported by ongoing retail replenishment and industrial ingredients incorporated into established commercial products. This growing foundation is expected to support continued growth, improved manufacturing efficiency, and stronger margins.

 

CEO Commentary

 

“While Q3 revenue was impacted by customer delivery schedules, the underlying developments in our business tell a very different story about where BranchOut is headed,” said Eric Healy, Chief Executive Officer of BranchOut Food.

 

“During the quarter, we invested significant working capital in inventory and ramped our manufacturing operations in preparation for several major recurring customer programs beginning in Q4. At the same time, some of our largest industrial ingredient customers moved deliveries from Q3 into Q4, but importantly, they also substantially increased their total commitments, with major recurring orders for blueberries, strawberries, and now bananas extending well into 2027.

 

 

 

 

“We’re not simply replacing the revenue that shifted out of Q3. We’re building a significantly larger foundation of recurring business than we’ve ever had before.

 

“In September, our factory achieved a record 55,000 kilograms of production, and we’re targeting 60,000–70,000 kilograms per month during Q4. Based on our current booked orders, we expect record fourth-quarter revenue of approximately $6 million to $7 million, representing an annualized revenue run rate of approximately $26 million at the midpoint.

 

“What’s particularly exciting is the visibility we’re beginning to develop into 2027. Our new everyday retail programs and substantially expanded industrial ingredient commitments are creating a much more consistent foundation of customer demand. This is a fundamental change from the large, individual purchase orders that have historically driven our revenue and created significant fluctuations between quarters.

 

“Our ingredient business is becoming an increasingly important part of this transformation. We’re seeing growing adoption from major food manufacturers, significant increases in existing customer commitments, and new opportunities across multiple ingredient categories. We believe this business has tremendous potential to continue expanding over the coming years.

 

“We also have an exciting pipeline of new products and retail opportunities, including our Tropical Fruit Mix launch and innovative Crunchy Cheese Sticks, which could open another significant category of growth for BranchOut.

 

“As we continue increasing factory production, we expect our manufacturing costs per pound to decline and margins to improve. We’ve made substantial investments in building the infrastructure to support a much larger company, and we’re now beginning to see the customer demand and production volumes necessary to realize the benefits of those investments.

 

“While Q3 was a challenging quarter from a revenue perspective, we believe the progress made during the period has positioned BranchOut for a record Q4 and, more importantly, a substantially stronger and more predictable business heading into 2027.”

 

 

 

 

Factory Achieves Record Production as Manufacturing Volumes Accelerate

 

BranchOut achieved a new monthly production record of approximately 55,000 kilograms in September, demonstrating the expanding scale and improving capabilities of its manufacturing operations in Peru.

 

Building on this milestone, the Company is targeting monthly production volumes of approximately 60,000–70,000 kilograms during the fourth quarter to support increasing retail and industrial ingredient demand.

 

This growth in production follows several years of investment in equipment, manufacturing infrastructure, workforce development, and operational improvements designed to support a substantially larger business.

 

As manufacturing volumes increase, management expects production costs per pound to decline as fixed factory expenses are spread across greater output. More consistent production schedules are also expected to improve labor efficiency, reduce downtime between production runs, and create opportunities for more favorable raw material purchasing. Management estimates the Company reaches cash operating breakeven at approximately 45,000 kilograms of monthly production, or approximately $18 million in annual revenue, in an optimized scenario with target raw material and overhead costs. At recent costs, breakeven is approximately 55,000 kilograms per month, or approximately $21 million in annual revenue. Management expects the breakeven level to move toward the optimized scenario as in-season contracted sourcing and lower overhead reduce costs.

 

The growing proportion of recurring customer programs is particularly important in supporting these improvements, as predictable order volumes allow the Company to operate its manufacturing lines more consistently and efficiently.

 

 

 

 

Management believes the combination of higher production volumes and improved manufacturing efficiency will contribute to stronger gross margins and support the Company’s progress toward sustained profitability. Raw materials for the expanded strawberry and blueberry programs are being purchased in season under contract, at prices well below the off-season spot purchases that reduced second-quarter gross margin. Management expects this to lift gross margin beginning in the fourth quarter.

 

Major Warehouse Club Everyday Program Establishes Recurring Revenue Foundation

 

BranchOut’s Crunchy Fruit Chips have officially launched as an everyday offering across 309 clubs at the nation’s second-largest warehouse club retailer, marking a significant milestone in the Company’s retail expansion.

 

The transition from a limited-time promotional program to everyday distribution represents an important change in BranchOut’s business with this major customer.

 

Rather than fulfilling individual promotional purchase orders, the Company now has the opportunity to support ongoing replenishment as products sell through at the club level, creating the potential for more consistent demand and predictable manufacturing schedules.

 

Management believes this program establishes an important foundation for continued expansion within the warehouse club channel, with opportunities to introduce additional products and increase distribution over time.

 

 

 

 

Tropical Fruit Mix Preparing for Additional $2 Million Retail Program

 

Building on its expanding relationship with the same warehouse club retailer, BranchOut is preparing production for an additional Tropical Fruit Mix program representing approximately $2 million in anticipated revenue, with initial deliveries expected before year-end.

 

The new product expands BranchOut’s assortment within the retailer and demonstrates the Company’s ability to develop innovative fruit snacks that deliver distinctive flavor and texture through its REV technology.

 

Management has high expectations for the product’s retail performance and believes a successful launch could create the opportunity for Tropical Fruit Mix to transition into another everyday offering.

 

If successful, the program would provide an additional source of recurring revenue while increasing manufacturing volumes through the Company’s existing production infrastructure.

 

 

 

 

Five-Product Launch Hits the ‘target’ at Leading Mass Retailer, Establishing National Distribution

 

BranchOut has completed the launch of five branded products at a leading U.S. mass retailer, with the new assortment now available on store shelves.

 

 

The launch significantly expands BranchOut’s branded retail footprint and introduces additional consumers to its innovative fruit, vegetable, and dairy-based snacks.

 

The assortment highlights the versatility of BranchOut’s REV technology and its ability to create differentiated products across multiple snack categories.

 

Management believes the expanded distribution provides another important opportunity to generate ongoing replenishment orders as products gain traction with consumers, while creating a platform for future product introductions and additional distribution growth.

 

Together with the Company’s expanding warehouse club presence, the launch represents another step toward establishing a broader, more consistent base of retail revenue.

 

Industrial Ingredient Business Establishes Substantial Growing Base of Predictable, Recurring Revenue

 

BranchOut’s industrial ingredient business continues to accelerate, with substantial new and expanded customer commitments establishing a growing foundation of predictable, recurring revenue. The Company has secured significant recurring orders across multiple fruit categories, including blueberries, strawberries, and, most recently, bananas. Customer purchase commitments have increased substantially, reflecting growing demand from major food manufacturers.

 

 

 

 

Importantly, BranchOut’s ingredients are now being incorporated directly into established commercial recipes and formulations at major CPG companies. Once integrated, these ingredients are difficult and costly to replace, creating long-term customer relationships and the potential for consistent repeat orders as these products continue to be manufactured. While certain large ingredient deliveries originally anticipated during Q3 were moved into Q4, these changes were accompanied by significant increases in total customer commitments, strengthening the Company’s revenue outlook and providing greater visibility into future demand.

 

Following approximately $2 million in ingredient revenue in 2025, management projects approximately $6–7 million in 2026 and more than $10 million in 2027, driven by expanding customer commitments and growing adoption across snacks, bars, cereals, bakery products, and other packaged foods. BranchOut is also working on expanding into Europe, with plans to attend SIAL Paris, one of the world’s largest food industry trade shows, in October. The Company has already scheduled multiple meetings with prospective industrial ingredient customers and is arranging for its products to be presented to key European food manufacturers, opening new opportunities for international growth.

 

Management believes the integration of its ingredients into established CPG products represents a fundamental shift in the business, creating greater revenue visibility and predictability for the first time. With substantial recurring programs already established, expanding international opportunities, and a growing commercial pipeline, industrial ingredients are positioned to become one of BranchOut’s most significant and dependable long-term growth drivers.

 

Innovative Crunchy Cheese Stick Line Launches in Convenience Store Channel Ahead of Major Dollar-Channel Retail Test

 

BranchOut recently unveiled its innovative Crunchy Cheese Stick line at the NACS Show in Las Vegas, the premier trade show for the convenience store industry, introducing a unique new snack made from 100% real cheese, dehydrated and puffed into a light, crunchy stick with 15 grams of protein per bag and just one ingredient: cheese.

 

The product received overwhelmingly positive feedback at the show, reinforcing management’s belief that its combination of innovation, convenience, and high protein content makes it an ideal fit for the convenience store channel and today’s growing demand for protein-rich snacks.

 

BranchOut is also preparing for a major dollar-channel retail test in November, which could develop into an approximately $5 million annual recurring revenue opportunity following a successful test and broader rollout.

 

Management believes Crunchy Cheese Sticks could become one of the Company’s most significant growth platforms, with potential across convenience stores, mass retail, club stores, and other channels. Given the size of the cheese and protein-snacking categories, management believes this product line has the potential to eventually surpass BranchOut’s fruit snack business, opening a substantial new market opportunity for the Company’s REV technology.

 

 

 

 

Innovative Dried Cheesecake Snacks Preparing for Holiday Launch at Nation’s Largest Warehouse Club Retailer in Texas

 

BranchOut is preparing to launch its innovative Dried Cheesecake Snacks at the nation’s largest warehouse club retailer in Texas for the upcoming holiday season, marking an exciting expansion into the dessert-snacking category. Production is currently underway at the Company’s manufacturing facility in Peru, with initial deliveries being prepared for the holiday launch.

 

Developed using BranchOut’s REV technology, the product transforms traditional cheesecake into a convenient, shelf-stable snack while preserving its rich flavor and creamy characteristics.

 

Several additional regions within the warehouse club retailer have already expressed interest in the product and are closely monitoring the Texas launch to evaluate opportunities for expansion. Management believes a successful launch could lead to a much broader regional rollout, potentially establishing Dried Cheesecake Snacks as a significant new product line and revenue opportunity for BranchOut.

 

Investor Relations and Upcoming Conference

 

BranchOut has engaged Hayden IR to lead its investor relations program. Management will present at Planet MicroCap: Toronto 2026 on Wednesday October 28th at 9:00am ET, available via webcast by clicking here, and will be available for 1x1 investor meetings October 28 and 29. Investors can request a meeting at www.planetmicrocap.com or by emailing James@HaydenIR.com.

 

Investor Relations:

 

Brett Maas
Hayden IR
(646) 536-7331
brett@haydenir.com

 

James Carbonara
Hayden IR
(646)-755-7412
james@haydenir.com

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to expectations or forecasts of future events. Forward-looking statements may be identified using words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “believe,” “expect,” “estimate”, “plan,” “position”, “outlook,” and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements with respect to the operations of BranchOut Food, Inc., (the Company) strategies, prospects and other aspects of the business of the Company are based on current expectations that are subject to known and unknown risks and uncertainties, which could cause actual results or outcomes to differ materially from expectations expressed or implied by such forward-looking statements. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Although it may voluntarily do so from time to time, the Company undertakes no commitment to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

 

 

 

 

Exhibit 99.2

 

 

BranchOut Food Inc. Announces Proposed Public Offering

 

BEND, Ore., October 22, 2026 /GlobeNewswire/ -- 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 it has commenced an underwritten public offering (the “Offering”) of shares of its common stock to multiple investors. All of the shares in the Offering are to be sold by the Company.

 

Lake Street Capital Markets, LLC is acting as the representative of the underwriters for the Offering. The Company expects to grant the representative a 30-day option to purchase up to an additional 15% of the shares of common stock sold in the Offering solely to cover over-allotments. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed or as to the actual size or terms of the Offering.

 

The Company intends to use the net proceeds from the Offering for working capital and general corporate purposes, including operating expenses and capital expenditures.

 

The shares of common stock are being offered pursuant to 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 . The Offering will be made only by means of a prospectus supplement and accompanying prospectus forming a part of the registration statement. A prospectus supplement relating to and describing the terms of the Offering will be filed with the SEC and will be available free of charge on the SEC’s website at www.sec.gov. Copies of the prospectus supplement and accompanying prospectus may also be obtained, when available, from Lake Street Capital Markets, LLC, 121 South 8th Street, Suite 1000, Minneapolis, Minnesota 55402, by telephone at (612) 326-1305 or by email at capitalmarkets@lakestreetcm.com.

 

Disclaimer

 

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

 

About BranchOut Food Inc.

 

BranchOut Food Inc. (Nasdaq: BOF) 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.

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the proposed Offering, the expected grant and potential exercise of the over-allotment option, the Company’s expected use of proceeds and the timing, size, terms and completion of the Offering. Forward-looking statements are generally identified by words such as “anticipate,” “believe,” “expect,” “intend,” “may,” “plan,” “potential,” “should,” “will,” “would” and similar expressions. These forward-looking statements are based on management’s current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including market conditions; the Company’s ability to complete the Offering on acceptable terms or at all; volatility in the market price of the Company’s common stock; the satisfaction of customary closing conditions; and the other risks and uncertainties described under “Risk Factors” in the prospectus supplement relating to the Offering and in the Company’s filings with the SEC, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on these forward-looking statements. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this press release.

 

For more information:

 

ir@branchoutfood.com

SOURCE BranchOut Food Inc.

 

 

 

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