Realignment removes approximately $3.7 million of loan payments scheduled for 2027, ends cash dividends on preferred stock and keeps 100% of new capital in the business Transactions eliminate approximately 90% of Bond’s stockholders’ deficit and bring the company within striking distance of full Nasdaq compliance Existing institutional investor commits up to $10 million at $2.75 per share, a premium to market NEW YORK , Nov. 03, 2026 (GLOBE NEWSWIRE) -- Our Bond, Inc. (“Bond”) (NASDAQ: OBAI), the creator of the world’s first AI-powered Preventative Personal Security platform adopted by leading multinational companies, today announced a strategic financial realignment that converts approximately $15 million of debt and preferred stock into equity, eliminating most of Bond’s outstanding debt. The realignment ends the loan payments and cash dividends attached to those securities, extinguishes approximately 380,000 warrants and removes the requirement that 25%-35% of new capital go to redeem preferred stock. It also positions Bond to regain full compliance with Nasdaq’s listing requirements. In addition, Ascent Partners Fund LLC (“Ascent”), one of Bond’s largest institutional investors, has agreed to invest up to $10 million in Bond common stock at $2.75 per share, a 23% premium to the closing price on October 30, 2026 . “We believe this realignment marks a turning point for Bond,” said Doron Kempel , Founder and Chief Executive Officer of Bond. “These transactions address several of the principal financial concerns that have weighed on our company. By converting our debt and preferred stock into equity, we remove approximately $3.7 million of loan payments due next year, we no longer owe cash dividends on our preferred stock, and the new capital we raise can go to the business. Ascent is an existing investor with substantial familiarity with our business, our technology and our prospects, and its willingness to commit additional capital at a premium to the market price is particularly meaningful to us.” Key Elements of the Strategic Financial Realignment Elimination of outstanding debt. Eastward Fund Management, LLC (“Eastward”), Bond’s longtime lender, has agreed to convert the approximately $7.9 million outstanding under its loan facility, including accrued interest, into newly structured Series G Preferred Stock. Upon completion, the loan facility will be satisfied in full, leaving Bond with no outstanding secured debt. This removes approximately $3.7 million of loan payments that were scheduled for 2027. Preferred stock converted to permanent equity. Ascent has agreed to exchange its existing Series C, Series D and Series G Preferred Stock, carried at approximately $6.8 million , to permanent equity in the form of newly structured Series G Preferred Stock and waive the accumulated dividend of $0.5 million , removing the cash redemption obligations attached to the existing preferred. No more cash dividends. Dividends on the new preferred stock will accrue and become payable only upon conversion, in shares of common stock, ending approximately $0.7 million a year of cash dividends on the existing preferred. New capital stays in the business. The requirement to use 25%-35% of the net proceeds of future financings to redeem Series G Preferred Stock will be eliminated, so Bond can keep the proceeds of the PIPE and future financings for operations and growth. On the full $10 million PIPE, that requirement would otherwise have directed approximately $2.5 million of the proceeds to redeeming preferred stock. Reduced overhang. Approximately 380,000 outstanding warrants will be extinguished, and shares issued upon conversion will be subject to leak-out provisions limiting sales to 10%-17% of trading volume during any trading day. Up to $10 million of new equity capital at a premium to market. Ascent has agreed to purchase up to $10 million of Bond common stock at $2.75 per share. Ascent funded an initial $250,000 on November 3, 2025 , with up to $9.75 million in additional capital available subject to the terms of the definitive agreement, as described in Bond’s Form 8-K. Progress Toward Full Nasdaq Compliance In July 2026 , Bond received notices from Nasdaq regarding the minimum bid price, market value of publicly held shares and market value of listed securities requirements applicable to its listing on the Nasdaq Global Market, with a deadline of January 11, 2027 to regain compliance. Since the effective date of its 1-for-20 reverse stock split on October 19, 2026 , Bond’s common stock has maintained a closing bid price above $1.00 per share on each trading day. Accordingly, the Company received formal notification from Nasdaq on November 2, 2026 , confirming that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1) and that the matter is now closed. Furthermore, the strategic financial realignment eliminates approximately 90% of Bond’s stockholders’ deficit of ap