Dividends & Buybacks ·
Our Bond, Inc. approves one-for-twenty reverse stock split to address Nasdaq compliance
OBAIOur Bond, Inc.
Our Bond, Inc.'s Board and shareholders approved a one-for-twenty (1-for-20) proportional reverse stock split of its common stock. The company intends to proportionally reduce authorized shares and increase the total authorized share count to 200,000,000 following the split. No fractional shares will be issued; resulting fractions are rounded up to the nearest whole share. The effective date is not yet determined but is anticipated within weeks. This action aims to address Nasdaq's $1.00 minimum bid price compliance requirement and align the share price with institutional investor policies. Concurrently, the company reported positive sales pipeline momentum following GSX 2026, noting strong follow-up from over 50 enterprise and government organizations. Our Bond, Inc. operates in the personal security technology industry, providing an AI-powered preventative personal security platform to corporations, cities, and universities.