BranchOut Food borrows additional $750,000 from Kaufman Kapital under secured note

PUBT·05/15/2026 20:09:57

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BranchOut Food entered a second amended and restated secured promissory note with Kaufman Kapital for an additional USD 750,000, lifting total principal to USD 3 million.
Note matures Jan. 28, 2027; carries 8% annual interest; proceeds earmarked for working capital tied to production of customer orders.
Borrowing secured by lien on substantially all assets under existing security agreement tied to a separate 12% senior secured convertible note.
Separate amendment dated May 14 added a 9.99% beneficial ownership cap to conversions under the USD 3.4 million 12% senior secured convertible promissory note.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Branchout Food Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-023738), on May 15, 2026, and is solely responsible for the information contained therein.

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