Company: BOF
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004712
Chunk: 47

Company: BranchOut Food Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 8
Chunk 47
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2022 Equity Plan to its securities counsel for services performed. The fair
value of the shares was $109,657, based on the closing traded price of the common stock on the
date of grant.

On
April 1, 2024, the Company issued 4,988 shares of the Company’s common stock under the 2022 Equity Plan to PCG as payment for services
in lieu of cash. The fair value of the shares was $9,577, based on the closing traded price of
the common stock on the date of grant.

On
February 19, 2024, the Company issued 16,836 shares under the Company’s 2022 Equity Plan to its securities counsel for services
performed. The fair value of the shares was $44,278, based on the closing traded price of the common
stock on the date of grant.

On
January 26, 2024, the Company issued 60,258 shares under the 2022 Equity Plan, to its securities counsel for services performed. The
fair value of the shares was $69,297, based on the closing traded price of the common stock on
the date of grant.

On
January 5, 2024, the Company retained PCG to provide strategic advisory and investor relations services pursuant to an Advisory Agreement
under which the Company agreed to issue PCG an aggregate 22,500 shares of the Company’s common stock as payment for services in
lieu of cash for the months of January, February, and March 2024. The aggregate fair value of the shares was $36,019, based on the
closing traded price of the common stock on the dates of grant. The shares were subsequently issued on April 15, 2024 under the
2022 Equity Plan.

Common
Stock Issued for Services for the Year Ended December 31, 2023

On
November 1, 2023, the Company issued 24,478 shares under the 2022 Equity Plan to its securities counsel for services performed. The aggregate
fair value of the shares was $40,389, based on the closing traded price of the common stock on
the date of grant.

On
October 26, 2023, the Company issued 12,500 shares under the 2022 Equity Plan to a consultant, who later became a Company director, for
services performed. The aggregate fair value of the shares was $19,000, based on the closing