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Stock impact report

BranchOut Food Inc. Signs LOI and receives $250K PO from Leading Ingredient Distributor, Definitive Agreement Targeting $5-6M in 2025 Ingredient Sales [Yahoo! Finance]

BranchOut Food Inc. (BOF) 
Company Research Source: Yahoo! Finance
Signed LOI with leading ingredient distributor, establishing immediate sales volume in the ingredient channel. Received an initial $250,000 purchase order alongside the LOI. Anticipating completing a Definitive Agreement in January with a minimum commitment of $5M in sales for 2025. New Peru factory's three production lines are now fully operational, offering the world's largest GentleDry™ capacity and positioned to disrupt the $36 billion freeze-dry market BEND, Ore., Dec. 05, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a pioneer in GentleDry™ dehydration technology, has signed a Letter of Intent (LOI) with a leading distributor in the dried food ingredient sector. This partnership marks a significant step in BranchOut's strategy to capture substantial growth in the ingredient channel, with anticipated sales of $5-6 million in 2025 and expected growth in the years ahead. Along with the LOI, the ingredient distributor has issued an initial purchase order (PO Show less Read more
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