Our Bond, Inc. has taken a significant step in its corporate strategy by amending its Articles of Incorporation to increase the total number of authorized shares of common stock from 10 million to 200 million. This decision, made by the holder of a majority of the company's voting securities, aims to enhance the company's capital structure and provide more flexibility for future investments.

This amendment was announced in a recent filing, which indicated that the change would take effect automatically 20 days after the Information Statement is mailed to stockholders. The company believes that this move is in the best interests of both the company and its stockholders, as it will allow for better alignment with future growth opportunities.

Background

Our Bond, Inc., classified under the SIC code 4899 for Communications Services, NEC, operates as a smaller reporting company listed on the Nasdaq under the ticker OBAI. The company has been active in the market with several recent filings, including a DEF 14C on October 27, 2026, which details this amendment to its Articles of Incorporation.

What the Filing Says

The SEC filing states, "The purpose of this Information Statement is to inform the Company’s stockholders of certain actions taken by the written consent of the Majority Stockholder." This action includes the approval to increase the authorized shares to 200 million, which the company believes will facilitate future capital raises and strategic initiatives.

Impact

This amendment may affect a variety of stakeholders, including existing stockholders who will see their ownership diluted if new shares are issued. However, it also opens up opportunities for the company to raise capital and potentially attract new investors, which could be beneficial for future growth.

What's Next

The effectiveness of this amendment will take place automatically on the 20th day after the Information Statement is mailed to stockholders of record as of October 29, 2026. This timeline allows for a smooth transition into the new capital structure.