Branchout food announces closing of $1.4 million follow-on public offering

Bend, ore., june 28, 2024 (globe newswire) -- branchout food inc. (nasdaq: bof), (“branchout” or the “company”), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced the closing of its underwritten public offering of 1,750,000 shares of common stock at a public offering price of $0.80 per share. the gross proceeds from the offering, before underwriting discounts and commissions and estimated offering expenses payable by the company, are approximately $1,400,000.
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