BranchOut Food Inc. Files Material Definitive Agreement
Ticker: BOF · Form: 8-K · Filed: May 16, 2024 · CIK: 1962481
Sentiment: neutral
Topics: material-agreement, disclosure
TL;DR
BranchOut Food Inc. signed a big deal on May 10th, details TBD.
AI Summary
BranchOut Food Inc. entered into a material definitive agreement on May 10, 2024. The filing does not disclose specific details of the agreement or any associated dollar amounts. The company is incorporated in Nevada and its principal executive offices are located in Bend, Oregon.
Why It Matters
This filing indicates a significant new agreement for BranchOut Food Inc., which could impact its future operations and financial performance.
Risk Assessment
Risk Level: medium — The filing is a standard disclosure of a material agreement, but the lack of specific details about the agreement's nature and financial implications introduces uncertainty.
Key Players & Entities
- BranchOut Food Inc. (company) — Registrant
- May 10, 2024 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
- Bend, Oregon (location) — Address of principal executive offices
FAQ
What is the nature of the material definitive agreement entered into by BranchOut Food Inc.?
The filing states that BranchOut Food Inc. entered into a material definitive agreement on May 10, 2024, but does not provide specific details about its nature.
Are there any financial terms or dollar amounts associated with this agreement disclosed in the filing?
No, the filing does not disclose any specific dollar amounts or financial terms related to the material definitive agreement.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on May 10, 2024.
Where is BranchOut Food Inc. incorporated?
BranchOut Food Inc. is incorporated in Nevada.
What is the business address of BranchOut Food Inc.?
The business address of BranchOut Food Inc. is 205 SE Davis Avenue, Suite C, Bend, Oregon 97702.
Filing Stats: 714 words · 3 min read · ~2 pages · Grade level 10.6 · Accepted 2024-05-16 16:30:24
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share BOF Nasdaq Capital Marke
- $8,000 — uired to make monthly lease payments of $8,000 in the first two years of the lease, $2
- $20,000 — 00 in the first two years of the lease, $20,000 in the third year of the lease, $22,000
- $22,000 — $20,000 in the third year of the lease, $22,000 in the fourth year of the lease, $24,00
- $24,000 — 22,000 in the fourth year of the lease, $24,000 in the fourth year of the lease, and $2
- $25,000 — 00 in the fourth year of the lease, and $25,000 thereafter. The Lease Agreement also pr
- $1,865,456 — pany may purchase the Peru Facility for $1,865,456. In connection with the Company's lea
- $1,267,000 — on mortgage receivable in the amount of $1,267,000, which is secured by the Peru Facility
- $275,000 — purchase price of $1,267,000, of which $275,000 was paid by the Company to the assignor
- $992,000 — assignor on May 10, 2024. The remaining $992,000 of the purchase price under the Assignm
Filing Documents
- form8-k.htm (8-K) — 38KB
- ex10-1.htm (EX-10.1) — 137KB
- ex10-2.htm (EX-10.2) — 77KB
- 0001493152-24-020261.txt ( ) — 452KB
- bof-20240510.xsd (EX-101.SCH) — 3KB
- bof-20240510_lab.xml (EX-101.LAB) — 33KB
- bof-20240510_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
SIGNATURES
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: May 16, 2024 By: /s/ Eric Healy Eric Healy, Chief Executive Officer 2