Our Bond, Inc.
Sector: Communications Services, NECIndustry: Software - InfrastructureCountry: USExchange: Nasdaq
DilutionScan read 32 of Our Bond, Inc.'s SEC filings and found 9 warrant series, 12 convertibles, 1 equity line, 4 S-1 registrations and 9 completed offerings on file for OBAI. Analysis updated Nov 3, 2026.
Signal8 Summary
OBAI
Going-concern warning with tight liquidity
Snapshot
OBAI is a micro-cap software company in severe financial distress. Revenue is essentially flat at $10M annually, but the company burns roughly $7M a year in cash. With only $600K in the bank and $8M in debt, the cash runway is under 2 months. The company recently disclosed a going-concern warning, meaning auditors doubt it can stay in business without new cash.
What's Happening Right Now
- : Bond secured a government contract expected to add over $3M in annual recurring revenue, while investors agreed to convert $3.3M of debt to equity and defer $1M in repayments.
- : A city purchased Bond licenses for all 270,000 residents, validating a new business-to-government-to-consumer channel expected to generate multi-million dollar revenue.
- : The company filed a 10-Q reporting a $6.7M Q1 net loss and disclosed substantial doubt about its ability to continue as a going concern due to current liabilities exceeding assets.
- : The company amended its securities purchase agreement with Ascent Partners, reducing the maximum purchase price from $300M to $50M and issuing a new $1M note.
- : A top-five global venture capital firm with nearly $100B in assets selected Bond to protect employees and introduce the platform to over 1,000 portfolio companies.