Kaufman Files 13D for BranchOut Food Inc.
Ticker: BOF · Form: SC 13D · Filed: Oct 17, 2024 · CIK: 1962481
Sentiment: neutral
Topics: ownership-change, sec-filing, schedule-13d
Related Tickers: BOF
TL;DR
**Kaufman now owns a significant stake in BranchOut Food Inc. (BOF).**
AI Summary
Daniel L. Kaufman has filed a Schedule 13D on October 17, 2024, reporting beneficial ownership of BranchOut Food Inc. common stock. The filing indicates a change in reporting as of October 14, 2024, and provides Kaufman's address in San Juan, Puerto Rico. The filing is made under the Securities Exchange Act of 1934.
Why It Matters
This filing signals a significant change in beneficial ownership for BranchOut Food Inc., potentially indicating a new strategy or increased influence by Daniel L. Kaufman.
Risk Assessment
Risk Level: medium — Schedule 13D filings often precede significant corporate actions or shifts in control, which can introduce volatility.
Key Players & Entities
- BranchOut Food Inc. (company) — Subject company
- Daniel L. Kaufman (person) — Filing person
- Foley & Lardner LLP (company) — Legal counsel
- Jessie Lochman (person) — Legal counsel representative
- Peter Fetzer (person) — Legal counsel representative
FAQ
What is the specific percentage of BranchOut Food Inc. shares beneficially owned by Daniel L. Kaufman?
The provided text does not specify the exact percentage of shares beneficially owned by Daniel L. Kaufman.
What is the CUSIP number for BranchOut Food Inc. common stock?
The CUSIP number for BranchOut Food Inc. common stock is 105230 106.
When was the event that required this Schedule 13D filing?
The date of the event which requires filing of this statement is October 14, 2024.
What is the business address of BranchOut Food Inc.?
The business address of BranchOut Food Inc. is 205 SE Davis Avenue, Suite C, Bend, OR 97702.
Who are the legal representatives for Daniel L. Kaufman in this filing?
The legal representatives for Daniel L. Kaufman are Jessie Lochman and Peter Fetzer from Foley & Lardner LLP.
Filing Stats: 2,323 words · 9 min read · ~8 pages · Grade level 10.2 · Accepted 2024-10-17 16:33:29
Key Financial Figures
- $0.001 — d Inc. (Name of Issuer) Common Stock, $0.001 par value per share (Title of Class of
- $3,400,000 — y Note in the principal amount of up to $3,400,000 (the " Convertible Note "), which is co
- $0.7582 — res of Common Stock at a fixed price of $0.7582 per share of Common Stock, (ii) a warra
- $1.00 — of common stock at an exercise price of $1.00 per share (the " $1.00 Warrant "), and
- $1.50 — of common stock at an exercise price of $1.50 per share (the " $1.50 Warrant " and, t
- $2,000,000 m — initial loan in the principal amount of $2,000,000 made by the Reporting Persons to the Comp
- $3,750,000 — the Common Stock would be approximately $3,750,000. As of the date of this filing, the Re
- $1,400,000 — r the Convertible Note in the amount of $1,400,000 upon the satisfaction of certain condit
- $100,000 — pected to generate revenues of at least $100,000, and receipt of the approval of certain
- $5,000,000 — , 2025, (ii) the sale by the Company of $5,000,000 of equity or debt securities in a singl
Filing Documents
- danielkaufman13d.htm (SC 13D) — 50KB
- image00001.jpg (GRAPHIC) — 3KB
- 0000897069-24-001972.txt ( ) — 56KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Dated: October 17, 2024 KAUFMAN KAPITAL LLC By: /s/ Daniel L. Kaufman Name: Daniel L. Kaufman Title: Managing Member By: /s/ Daniel L. Kaufman Daniel L. Kaufman Managing Member