Kaufman Kapital (BOF) turns $500K 12% note into 659,457 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BranchOut Food Inc. reported an insider debt conversion by a major holder. On January 28, 2026, 10% owner Kaufman Kapital LLC converted $500,000 of principal from a 12% Senior Secured Convertible Promissory Note into 659,457 shares of common stock at $0.7582 per share.
Following this transaction, the reporting persons beneficially owned 1,659,457 common shares. The note was originally issued on July 24, 2024, and after this partial conversion, $2,900,000 of principal plus accrued interest remains outstanding under the note.
Positive
- None.
Negative
- None.
Insider Trade Summary
659,457 shares exercised/converted
Mixed
2 txns
Insider
Kaufman Daniel Louis, Kaufman Kapital LLC
Role
10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 12% Convertible Note | 659,457 | $0.00 | -- |
| Exercise | Common Stock | 659,457 | $0.7582 | $500K |
Holdings After Transaction:
12% Convertible Note — 0 shares (Direct);
Common Stock — 1,659,457 shares (Direct)
Footnotes (1)
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FAQ
What did Kaufman Kapital report in the latest BranchOut Food (BOF) Form 4?
Kaufman Kapital LLC reported converting $500,000 of a 12% Senior Secured Convertible Promissory Note into 659,457 BranchOut Food common shares on January 28, 2026. This insider transaction reflects a move from debt claims into equity ownership in the company.
What remains outstanding on the Kaufman Kapital 12% note with BranchOut Food (BOF)?
After converting $500,000 of principal into equity, $2,900,000 of principal plus accrued interest remains outstanding on the 12% Senior Secured Convertible Promissory Note issued to Kaufman Kapital LLC, according to the insider disclosure footnote.
When was the 12% Senior Secured Convertible Promissory Note to Kaufman Kapital originally issued by BranchOut Food (BOF)?
The 12% Senior Secured Convertible Promissory Note was issued to Kaufman Kapital LLC on July 24, 2024. The January 28, 2026 conversion of $500,000 of principal into 659,457 shares is one of the transactions occurring under this existing note.