BranchOut Food Exercises Over-Allotment Option in Public Offering
BranchOut Food announced the exercise of an over-allotment option in its public offering.
Story updates
08:18:56 PM UTC
SquawkNews
Underwriters fully exercised the option to buy 441,176 shares at $1.70, adding ~$0.75M. Total offering now 3,382,353 shares for ~$5.75M gross.Material DetailsContext by AI AnalystThis extends a recently priced follow-on, bolstering liquidity for a growth-stage CPG company. A clearer use of proceeds…