secwatch.observer — SEC 8-K summary
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Issuer:     Our Bond, Inc. (OBAI)
CIK:        0001756064
Form:       8-K
Filed at:   2026-10-01T12:35:37+00:00
Accession:  0001493152-26-045265
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.03, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Bond approves 1-for-20 reverse split, authorized shares to 200M after Nasdaq bid-price notice
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1756064/000149315226045265/0001493152-26-045265-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1756064/000149315226045265/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-045265

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