other material
confidence high
sentiment neutral
materiality 0.60
Bond approves 1-for-20 reverse split, authorized shares to 200M after Nasdaq bid-price notice
Our Bond, Inc.
- Board and majority voting power approved a 1-for-20 reverse stock split on Sept. 27, 2026; each 20 shares combine into one, with fractional shares rounded up.
- Authorized common stock will increase to 200,000,000 shares after the reverse split's proportional reduction; amendment to be filed with Nevada Secretary of State.
- Nasdaq notified Bond in July 2026 that it was not in compliance with continued listing requirements, including the $1.00 minimum bid price; company has until Jan. 11, 2027 to regain compliance.
- Since GSX 2026, more than 50 enterprise and government organizations with over 10,000 employees each entered Bond's pipeline; Bond has supported over 1.25M security requests and 10,000+ emergencies.
- In one city funding Bond, about 60% of the offered population onboarded; EY found Bond services provide $180-$280 annual benefit per employee; Bond operates in 28 countries.