Kaufman Kapital LLC - Jul 24, 2024 Form 3 Insider Report for BranchOut Food Inc. (BOF)

Role
10%+ Owner
Signature
/s/ Daniel L. Kaufman as Power of Attorney for Daniel L. Kaufman, Managing Member
Stock symbol
BOF
Transactions as of
Jul 24, 2024
Transactions value $
$0
Form type
3
Date filed
8/8/2024, 04:51 PM

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding BOF Warrant to Purchase Common Stock Jul 24, 2024 Common Stock 500K $1.50 Direct F1
holding BOF Warrant to Purchase Common Stock Jul 24, 2024 Common Stock 1M $1.00 Direct F1
holding BOF 12% Convertible Note Jul 24, 2024 Common Stock 2.64M $0.76 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Warrants will not be exercisable until such time as the Issuer has obtained the approval of its shareholders to the exercise of the Warrant under the NASDAQ Listing Rules.
F2 The Reporting Person is currently subject to an ownership cap that limits the number of shares of Common Stock that the Reporting Person may hold to 19.9% of the Company's shares of Common Stock outstanding.

Remarks:

See Exhibit 24 - Power of Attorney.