Company: BOF
Filing Date: 2025-06-02
Form Type: 8-K
Source: 0001641172-25-013178
Chunk: 0

Company: BranchOut Food Inc.
Filing Date: 2025-06-02
Form: 8-K
Item: Item 1.01
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Item
1.01. Entry into a Material Definitive Agreement.

On
June 1, 2025, BranchOut Food Inc. (the “ Company”) and Kaufman Kapital LLC (“ Kaufman”) entered into a Warrant
Exercise and Amendment to Notes and Warrant Agreement (the “ Agreement”), pursuant to which Kaufman agreed to exercise in
full, for a cash payment to the Company of $1,000,000, a Warrant to purchase 1,000,000 shares of the Company’s common stock with
an exercise price of $1.00 per share issued to Kaufman on July 15, 2024 (the “ Warrant”), no later than June 16, 2025. In
addition, pursuant to the Agreement, Kaufman and the Company agreed (i) to extend the expiration date of the warrant to purchase 500,000
shares of the Company’s common stock at an exercise price of $1.50 per share issued to Kaufman on July 15, 2024, to December 31,
2026, (ii) to extend the maturity date of the 12% Senior Secured Convertible Promissory Note of the Company in the original principal
amount of up to $3,400,000, issued to Kaufman on July 15, 2024 (the “ Convertible Note”) from December 31, 2025 to December
31, 2026, (iii) to extend the maturity date of the Senior Secured Promissory Note of the Company in the original principal amount of
$1,200,000, issued to Kaufman on August 29, 2024 (the “ Secured Note”), to December 31, 2025, (iv) that the Company will not
make any prepayment under the Convertible Note at any time amounts are outstanding under the Secured Note or any other non-convertible
notes of the Company (excluding notes issued pursuant to equipment financing), and (v) that the Company will not prepay more than $2,400,000
of principal outstanding under the Convertible Note prior to September 30, 2026.

The
information set forth above is qualified in its entirety by reference to the actual terms of the Agreement, which has as Exhibits 10.1
to this Current Report on Form 8-K, and which is incorporated herein by reference.