Company: BOF
Filing Date: 2025-11-14
Form Type: DEF 14A
Source: 0001493152-25-023449
Chunk: 15

Company: BranchOut Food Inc.
Filing Date: 2025-11-14
Form: DEF 14A
Chunk 15
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 of $1.92 per share, exercisable over a 10-year term. The estimated value using the Black-Scholes Pricing Model, based on a volatility rate of 41% and a call option value of $1.1407, was $17,111.

(4)Mr. Schwartz joined our Board of Directors subsequent to the year ended December 31, 2024.

Directors are entitled to reimbursement for reasonable travel and other out-of-pocket expenses incurred in connection with attendance at meetings of our Board of Directors.

| 12 |

<div align='center'>Equity Compensation Plan of Information</div>

The following table provides information about shares our common stock that may be issued under our options outstanding at December 31, 2024. Other than individual options outstanding reflected in the table below, we did not have any shares authorized for issuance under equity plans at December 31, 2024.

| Plan category                                           |     | Number                                                                               
 of securities to be issued upon exercise of outstanding options, warrants and rights 
 (a)                                                                                  |         |     | Weighted-average                                           
 exercise price of outstanding options, warrants and rights 
 (b)                                                        |      |     | Number                                                                                                                               
 of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) 
 (c)                                                                                                                                  |         |
|:--------------------------------------------------------|:----|:-------------------------------------------------------------------------------------|--------:|:----|:-----------------------------------------------------------|-----:|:----|:-------------------------------------------------------------------------------------------------------------------------------------|--------:|
| Equity compensation plans approved                      
 by security holders                                     |     |                                                                                      | 593,470 |     | $                                                          | 2.39 |     |                                                                                                                                      | 415,530 |
| Equity                                                  
 compensation plans not approved by security holders (1) |     |                                                                                      | 182,735 |     |                                                            | 3.76 |     |                                                                                                                                      |     N/A |
| Total                                                   |     |                                                                                      | 776,205 |     | $                                                          | 2.71 |     |                                                                                                                                      | 415,530 |

(1)Represents warrants issued on June 21, 2023 to the underwriter in the Company’s initial public offering, and warrants issued on June 26, 2024 to underwriter in our follow-on public offering.

Delinquent Section 16(a) Reports

The were no persons who, at any time during the fiscal year ended December 31, 2024, was a