BranchOut Food adds $1M, ups secured note to $4M

BranchOut Food Inc. obtained an additional $1,000,000 loan from Kaufman Kapital LLC on June 30, 2026 under its existing senior secured financing arrangement.

Rhea-AI Filing Summary

BranchOut Food Inc. obtained an additional $1,000,000 loan from Kaufman Kapital LLC on June 30, 2026 under its existing senior secured financing arrangement.

This new borrowing is documented in a Third Amended and Restated Senior Secured Promissory Note with a total principal of $4,000,000. The amended note bears interest at 8% per annum, matures on January 28, 2027, and is secured by a lien on substantially all company assets under a prior Security Agreement. The company plans to use the added funds for working capital to produce customer orders.

8-K Event Classification

3 items: 1.01, 2.03, 9.01

3 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Financial

The company incurred a new significant debt or off-balance-sheet obligation.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Additional Loan Amount: $1,000,000 Amended Note Principal: $4,000,000 Interest Rate: 8% per annum +4 more

7 metrics

Additional Loan Amount $1,000,000 Borrowed June 30, 2026 from Kaufman Kapital LLC

Amended Note Principal $4,000,000 Third Amended and Restated Senior Secured Promissory Note

Interest Rate 8% per annum On the $4,000,000 senior secured promissory note

Maturity Date January 28, 2027 Maturity of the Amended Note

Initial Note Principal $1,500,000 Borrowed January 28, 2026 from Kaufman

First Amended Note Principal $2,250,000 Amended and Restated Secured Promissory Note on April 17, 2026

Second Amended Note Principal $3,000,000 Second Amended and Restated Secured Promissory Note on May 15, 2026

Key Terms

Senior Secured Promissory Note, Amended and Restated Secured Promissory Note, Third Amended and Restated Secured Promissory Note, Security Agreement, +2 more

6 terms

Senior Secured Promissory Note financial

"pursuant to a Senior Secured Promissory Note in the principal amount of $1,500,000"

A senior secured promissory note is a written IOU in which a borrower promises to repay a loan and gives lenders first claim on specific assets if the borrower can't pay. Being "senior" means this debt gets paid before other unsecured obligations, and "secured" means assets back the loan, reducing potential losses for lenders. For investors, that priority and collateral typically make these notes safer and often carry lower interest than unsecured debt—think of being first in line with a pledge on the borrower's car.

Amended and Restated Secured Promissory Note financial

"pursuant to an Amended and Restated Secured Promissory Note in the principal amount of $2,250,000"

Third Amended and Restated Secured Promissory Note financial

"pursuant to a Third Amended and Restated Secured Promissory Note in the principal amount of $4,000,000"

Security Agreement financial

"secured by a lien granted to Kaufman on substantially all of the Company’s assets pursuant to a Security Agreement"

A security agreement is a legal contract in which a borrower promises specific assets as collateral to a lender until a debt is repaid. Think of it like leaving your car keys with a mechanic while they fix the car — the lender can take or sell the pledged assets if the borrower defaults. For investors, these agreements reveal which company assets are tied up, who gets paid first in trouble, and how risky other creditors’ claims may be.

working capital financial

"The Company intends to use the proceeds of the Additional Loan for working capital purposes"

Working capital is the money a business has available to cover its daily expenses, like paying bills and buying supplies. It’s like the cash in your wallet that helps you handle everyday costs; having enough ensures the business can operate smoothly without running into money shortages.

affirmative and negative covenants financial

"the Amended Note includes affirmative and negative covenants, events of defaults and other terms"

FAQ

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

What financing did BranchOut Food Inc. (BOF) add with Kaufman Kapital on June 30, 2026?

BranchOut Food Inc. added an extra $1,000,000 loan from Kaufman Kapital LLC on June 30, 2026, bringing its total senior secured promissory note principal to $4,000,000 under a Third Amended and Restated Note.

What are the key terms of BranchOut Food’s amended $4,000,000 promissory note?

The amended note has a total principal of $4,000,000, bears interest at 8% per annum, and matures on January 28, 2027. It is senior, secured, and includes customary covenants, events of default, and other standard terms.

How will BranchOut Food Inc. (BOF) use the new $1,000,000 loan proceeds?

BranchOut Food intends to use the additional $1,000,000 loan proceeds for working capital, specifically to fund production of customer orders. This focuses the borrowed funds on supporting ongoing operations and fulfilling existing demand.

What collateral secures BranchOut Food’s amended $4,000,000 note with Kaufman?

The company’s obligations under the amended $4,000,000 note are secured by a lien on substantially all of the company’s assets, granted to Kaufman Kapital LLC under an existing Security Agreement dated July 23, 2024.

What earlier borrowings from Kaufman Kapital has BranchOut Food reported?

Previously, BranchOut Food borrowed $1,500,000 on January 28, 2026, then increased this to $2,250,000 on April 17, 2026 and $3,000,000 on May 15, 2026 through amended and restated secured promissory notes with Kaufman Kapital LLC.

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

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Accepted by SEC EDGAR 07/01/2026 - 09:00 AM EDT Learn about SEC filing dates

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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): June 30, 2026

BRANCHOUT FOOD INC.

(Exact name of registrant as specified in its charter)

Nevada		001-41723		87-3980472
(State or other jurisdiction		(Commission		(I.R.S. Employer
of incorporation)		File Number)		Identification Number)

205 SE Davis Avenue, Bend Oregon		97702
(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 1.01. Entry into a Material Definitive Agreement.

As previously reported, on January 28, 2026, BranchOut Food Inc. (the “Company”), borrowed $1,500,000 from Kaufman Kapital LLC (“Kaufman”), pursuant to a Senior Secured Promissory Note in the principal amount of $1,500,000, on April 17, 2026, the Company borrowed an additional $750,000 from Kaufman pursuant to an Amended and Restated Secured Promissory Note in the principal amount of $2,250,000, and on May 15, 2026, the Company borrowed an additional $750,000 from Kaufman pursuant to a Second Amended and Restated Secured Promissory Note in the principal amount of $3,000,000 (the “Note”).

On June 30, 2026, the Company borrowed an additional $1,000,000 from Kaufman on the same terms provided for under the Note (the “Additional Loan”), pursuant to a Third Amended and Restated Secured Promissory Note in the principal amount of $4,000,000 (the “Amended Note”), which amends and restates the Note. The Company intends to use the proceeds of the Additional Loan for working capital purposes for the production of customer orders.

The Amended Note matures on January 28, 2027 and bears interest at a rate of 8% per annum. The Company’s obligations under the Amended Note are secured by a lien granted to Kaufman on substantially all of the Company’s assets pursuant to a Security Agreement previously entered between the Company and Kaufman (the “Security Agreement”). In addition, the Amended Note includes affirmative and negative covenants, events of defaults and other terms and conditions, customary in transactions of this nature.

The information set forth above is qualified in its entirety by reference to the actual terms of the Note and Security Agreement, which have been filed as Exhibits 10.1 and 10.2, respectively, to this Current Report on Form 8-K, and which are incorporated herein by reference.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth under Item 1.01 is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.
Exhibit 10.1		Third Amended and Restated Senior Secured Promissory Note of the Company in the principal amount of $4,000,000, dated June 30, 2026, issued to Kaufman Kapital LLC
Exhibit 10.2		Security Agreement between the Company and Kaufman Kapital LLC, dated July 23, 2024 (incorporated by reference to Exhibit 10.3 of the Form 8-K filed by the Company with Securities and Exchange Commission on July 29, 2024)
Exhibit 104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

2

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: July 1, 2026	By:	/s/ Eric Healy
		Eric Healy, Chief Executive Officer

3

Filing Exhibits & Attachments

4 documents

Agreements & Contracts

• EX-10.1 EX-10.1 61.7 KB

Other Documents

• EX-101 XBRL SCHEMA FILE 3.0 KB
• EX-101 XBRL LABEL FILE 33.4 KB
• EX-101 XBRL PRESENTATION FILE 21.8 KB