Our Bond Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits
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Item 1.01 Entry into a Material Definitive Agreement.
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”). As originally issued, the Warrant provided for the purchase of up to 16,000,000 shares of our common stock at an exercise price of $12.35 per share, with an expiration date of July 27, 2026. Currently, 15,991,902 shares of common stock remain purchasable under the Warrant.
Under the Amendment, the exercise price of the Warrants for a total of 12,000,000 shares of common stock has been reduced as follows:
| ● | The exercise price for 4,500,000 shares of common stock purchasable under the Warrant has been reduced to $2.25 per share for a period of ninety (90) days; |
| ● | The exercise price for 3,750,000 shares of common stock purchasable under the Warrant has been reduced to $2.75 per share for a period of ninety (90) days; and |
| ● | The exercise price for 3,750,000 shares of common stock purchasable under the Warrant has been reduced to $3.25 per share for a period of ninety (90) days. |
Following the expiration of the reduced exercise price periods described above, the exercise price for the Warrants will revert to the original price of $12.35 per share as set forth in the original Warrants.
All other terms and conditions of the Warrants remain unchanged and in full force and effect. The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, a copy of which is filed as Exhibit 4.1 to this Current Report on Form 8-K and is incorporated herein by reference.
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”). The Note bears interest at a rate of ten percent (10%) per annum and matures on September 1, 2026. We are required to apply twenty-five percent (25%) of the net proceeds of all future offerings or issuances of our securities toward payment of the Note until such time as it is paid in full. In the event of default, the Note will bear interest at a rate of twenty-four percent (24%) per annum and any late payments will incur a late fee in the amount of ten percent (10%) of the amount of the late payment. Events of default under the Note include any failure to pay the principal amount when due, any failure to pay interest, fees, or other obligations within five (5) business days of when due, a failure to perform any other covenant under the Note, a default under any indebtedness in excess of $150,000, and a change in control of the Company.
The foregoing is a summary of the material terms of the Note. The Note, which is filed herewith as Exhibit 10.1, contains additional terms, covenants, and conditions and should be reviewed in its entirety for additional information.
Item 9.01 Financial Statements and Exhibits
| Exhibit No. | Description | |
| 4.1 | Amendment No. 1 to Warrant to Purchase Common Stock | |
| 10.1 | Promissory Note due September 1, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: March 2, 2026 | Our Bond, Inc. | |
| By: | /s/ Doron Kempel | |
| Name: | Doron Kempel | |
| Title: | Chief Executive Officer | |