Kaufman Kapital LLC - 24 Jul 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
Issuer symbol
BOF
Transactions as of
24 Jul 2024
Net transactions value
$0
Form type
3
Filing time
08 Aug 2024, 16:51:25 UTC
SEC
View on sec.gov

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 24 Jul 2024 Common Stock 500,000 $1.50 Direct F1
holding BOF Warrant to Purchase Common Stock 24 Jul 2024 Common Stock 1,000,000 $1.00 Direct F1
holding BOF 12% Convertible Note 24 Jul 2024 Common Stock 2,637,826 $0.7582 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.