Our Bond, Inc. Announces 1-for-20 Reverse Stock Split; Raises Authorized Shares

What Happened

• Our Bond, Inc. announced on September 27, 2026 that its Board approved a one-for-twenty (1-for-20) proportional reverse stock split of its common stock. Under the Reverse Stock Split, every 20 shares of issued and outstanding common stock will be combined into one share.
• The company’s majority voting shareholder also approved an amendment to the Articles of Incorporation to set the number of authorized shares of common stock at 200,000,000 following the proportional reduction from the Reverse Stock Split. The company intends to file that amendment with the Nevada Secretary of State immediately after the market-effective date of the Reverse Stock Split. A press release was issued October 1, 2026.

Key Details

• Reverse split ratio: 1-for-20 (each 20 shares → 1 share).
• Fractional shares: no fractional shares will be issued; any fractions will be rounded up to the nearest whole share.
• Authorized shares after amendment: 200,000,000 common shares (to be filed after the Reverse Stock Split becomes effective).
• Approval dates: Board and majority-holder approvals on September 27, 2026; press release furnished October 1, 2026.

Why It Matters

• A reverse stock split reduces the number of outstanding shares and increases the per-share share count proportionally, which can affect the market price per share and the company’s share structure.
• Increasing authorized shares to 200,000,000 gives the company legal capacity to issue more shares in the future (for financing, equity grants, or other corporate actions), subject to further approvals and disclosures.
• These actions are structural corporate changes disclosed to investors; shareholders should watch for the market-effective date and any subsequent filings for timing and additional details.