BranchOut Food Inc.
For the period ended May 14, 2026. Filed May 15, 2026.
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May 14, 2026 · Filed May 15, 2026
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Convertible Note Amendment
On May 14, 2026, BranchOut Food Inc. (the “Company”), and Kaufman Kapital LLC (“Kaufman”), entered into an amendment to the 12% Senior Secured Convertible Promissory Note of the Company in the original principal amount of up to $3,400,000, dated as of July 23, 2024 (the “Convertible Note”), pursuant to which a 9.99% beneficial ownership limitation provision was added to the Convertible Note. Under this provision, Kaufman may not convert any portion of the Convertible Note into shares of the Company’s common stock to the extent that, after giving effect to such conversion, Kaufman would beneficially own in excess of 9.99% of the outstanding shares of the Company’s Common Stock.
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