Bond Announces Strategic Financial Realignment, Converting Approximately $15 Million of Debt and Preferred Stock into Equity
Realignment removes approximately $3.7 million of loan payments scheduled for 2027, ends cash dividends on preferred stock and keeps 100% of new capital in the business Transactions eliminate approximately 90% of Bond’s stockholders’ deficit and bring the company within striking distance of full Nasdaq compliance Existing institutional investor commits up to $10 million at $2.75 per share, a premium to market NEW YORK, Nov. 03, 2026 (GLOBE NEWSWIRE) -- Our Bond, Inc. ("Bond") (NASDAQ:OBAI), the creator of the world’s first AI-powered Preventative Personal Security platform adopted by leading multinational companies, today announced a strategic financial realignment that converts approxi