BranchOut Food Inc. Secures $1.5M Financing Agreement with EnWave for New Equipment Purchase

Reuters09-23

BranchOut Food Inc. Secures $1.5M Financing Agreement with EnWave for New Equipment Purchase

BranchOut Food Inc. has entered into a significant financial agreement with EnWave Corporation, as announced on September 16, 2025. This agreement includes a Fifth Amendment to an existing License Agreement and an Equipment Purchase Agreement. Under these terms, BranchOut Food Inc. has secured a global exclusive license to produce Dragon Fruit products using EnWave's technology. Additionally, the company has agreed to purchase a refurbished 120kW REV vacuum microwave from EnWave for $1.5 million. The purchase will be financed through a secured promissory note, with payments spread over 24 months starting April 1, 2026, and an annual interest rate of 8%. This strategic partnership and financing arrangement are expected to enhance BranchOut's production capabilities and market reach.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Branchout Food Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-014243), on September 19, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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