BranchOut Food Inc. (BOF): Entry into a Material Definitive Agreement
BranchOut Food Inc. (BOF) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.1 2 ex10-1.htm EX-10.1 Exhibit 10.1 BRANCHOUT FOOD INC. Third Amended and Restated Senior Secured Promissory Note $4,000,000 January 28, 2026 (the “ Issue Date ”) As amended and restated on April 17, 2026 As further amended and restated on May 15, 2026 As further amended an
How this was made
The 30-second read
Why it matters
The company’s capital structure changes via a $4.0M secured borrowing with 8% interest and a lump-sum interest payment at maturity (Jan. 28, 2027). The amendment/restatement suggests ongoing refinancing/term updates and may affect perceived credit risk and liquidity expectations.
Market read
Traders may reassess BOF’s credit/liquidity risk and financing trajectory based on the disclosed secured debt terms and maturity.
What to watch
Key risk drivers (use of proceeds, covenants beyond the excerpt, collateral value, and any default triggers) are not included in the provided text, which could materially change the credit read-through.
Background
The filing is an SEC Form 8-K reporting entry into a material definitive agreement, specifically a third amended and restated senior secured promissory note.
Ticker impact
BranchOut Food entered a third amended and restated $4.0M senior secured promissory note with maturity Jan. 28, 2027 and 8% interest.
Likely modest, with focus on liquidity runway and whether the amended note signals refinancing stress or improved terms.
An 8-K discloses a new/updated material definitive debt instrument ($4.0M) and security/covenant structure, but the excerpt provides limited detail on proceeds use, covenants, or repayment schedule beyond maturity and interest mechanics.
Market effects
Adds a datapoint on small-cap food/consumer financing via secured notes; limited direct sector read-across from this single filing.
No clear regional market linkage beyond the company’s Oregon base.
No direct global macro linkage; primarily company-specific capital structure information.
Counterpoint
The note is secured and prepayable without penalty, which can be interpreted as lender-friendly structure that reduces default risk versus unsecured debt.
Key entities
- issuerBranchOut Food Inc.
Subject of the 8-K; entered into the third amended and restated senior secured promissory note.
- lender/holderKaufman Kapital LLC
Payee/holder under the promissory note and secured party under the security agreement.
