---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-008416"
form_type: "8-K"
ticker: "OBAI"
cik: "0001756064"
company_name: "Our Bond, Inc."
filed_at: "2026-03-02T23:59:59+00:00"
generated_at: "2026-05-15T22:42:29.002057+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-26-008416
- form_type: 8-K
- ticker: OBAI
- cik: 0001756064
- company_name: Our Bond, Inc.
- filed_at: 2026-03-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1756064/000149315226008416/0001493152-26-008416-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1756064/000149315226008416/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-008416
- JSON: https://secwatch.observer/filing/0001493152-26-008416.json
- Plain text: https://secwatch.observer/filing/0001493152-26-008416.txt

## Key facts
- Material Agreements
  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
  source text: 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").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1756064/000149315226008416/0001493152-26-008416-index.htm
- Material Agreements
  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
  source text: 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").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1756064/000149315226008416/0001493152-26-008416-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.