BranchOut Food (BOF) Registration Filing summary

Company overview and business model

• Develops, markets, sells, and distributes plant-based, dehydrated fruit and vegetable snacks and powders using proprietary dehydration technology licensed from a third party.

• Products are manufactured by contract manufacturers in Chile and Peru, with a new vertically integrated facility in Peru expected to be operational by October 2024.

• Holds exclusive rights to use the technology for avocados and nonexclusive rights for other products; targets both branded and private-label markets.

• Major retail partnerships include a contract with a leading retailer, with products expected in 1,400 stores and projected annualized revenue of $8 million from this retailer.

• Product lines include snacks, powders, and industrial ingredients, with ongoing development of new products and private label offerings.

Financial performance and metrics

• As of September 22, 2024, the aggregate market value of common stock held by non-affiliates was approximately $11.9 million.

• No cash dividends are currently paid on common stock.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for general corporate purposes, including working capital, capital expenditures, and other corporate expenses.

• Pending use, proceeds may be invested in non-interest bearing accounts, U.S. Treasury money market funds, or short-term marketable securities.