Our Bond, Inc. (OBAI) Form S-1 — Oct 21, 2026
Our Bond, Inc. (OBAI) filed an S-1 registering the resale of up to 600,000 shares by Ascent Partners Fund LLC under a $50 million equity line financing agreement. The company receives no proceeds from these sales, which create an ongoing dilution and share-price overhang. Shares are purchased by Ascent at a discount (96% of the lowest 10-day VWAP), a structure that tends to pressure the stock when drawn.
Key figures
- Cash Position
- 599000
- Offering Price
- 2.802
- Shares Offered
- 600000
- Reverse split ratio
- 1-for-20
- Ascent ownership cap
- 9.99%
- Prior year net loss usd
- 11017000
- Regular closing max usd
- 1000000
- Ceo voting ownership pct
- 90.83%
- Expanded closing max usd
- 5000000
- Equity line commitment usd
- $50,000,000
- Nasdaq compliance deadline
- January 11, 2027
- Working capital deficit usd
- 4062000
- Shares sold under equity line
- 360866
- Proceeds under equity line usd
- 4742074
- Regular purchase price discount
- 96% of lowest 10-day VWAP
AI analysis
Red flags7 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.