Our Bond amends warrant terms to reduce exercise price for 12M shares; issues $2.5M promissory note

Our Bond, Inc.

Warrant exercise price reduced on 12M shares: $2.25 for 4.5M shares, $2.75 for 3.75M, $3.25 for 3.75M, each for 90 days; then reverts to $12.35.
Issued $2.5M promissory note to Ascent Partners Fund, LLC, with 10% annual interest, maturing September 1, 2026.
25% of net proceeds from future offerings must be applied to note repayment; default rate increases to 24% with 10% late fees.
Events of default include payment failures, breaches of covenants, and change of control, with broad acceleration rights for the holder.
Warrant originally covered 16M shares at $12.35; 15.99M shares remain purchasable with expiration July 27, 2026.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Our Bond, Inc. entered into Promissory Note with Ascent Partners Fund, LLC valued at Principal amount of $2,500,000, interest at 10% per annum, matures September 1, 2026 (effective 2026-03-01).

Action: entry
Agreement: credit facility
Counterparty: Ascent Partners Fund, LLC
Value: Principal amount of $2,500,000, interest at 10% per annum, matures September 1, 2026
Effective: 2026-03-01

Exact text from the filing

Also on March 1, 2026, we issued a Promissory Note to Ascent Partners Fund, LLC in the principal amount of $2,500,000 (the "Note").

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Our Bond, Inc. amended Amendment No. 1 to Warrants to Purchase Shares of Common Stock valued at Exercise price reduced for 12,000,000 shares: 4,500,000 shares at $2.25 per share, 3,750,000 shares (effective 2026-03-01).

Action: amendment
Value: Exercise price reduced for 12,000,000 shares: 4,500,000 shares at $2.25 per share, 3,750,000 shares
Effective: 2026-03-01

Exact text from the filing

On March 1, 2026, Our Bond, Inc., a Nevada corporation ("we," "us," "our" or the "Company") entered into Amendment No. 1 (the "Amendment") to the terms of one of our outstanding Warrants to Purchase Shares of Common Stock issued October 27, 2025 (the "Warrant").

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Our Bond, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-26-008416

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