{
  "id": 19406237,
  "title": "Our Bond amends leak-out agreement with preferred stockholders",
  "url": "https://urgent.news/2026/11/10/our-bond-amends-leak-out-agreement-with-preferred-stockholders",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-10T22:22:47.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/sec-filings/our-bond-amends-leakout-agreement-with-preferred-stockholders-93CH-5017140"
  },
  "original_language": "en",
  "account": "Our Bond, Inc. (OBAI) has signed a revised leak-out agreement with preferred stockholders, replacing the previous agreement dated November 2, 2026. The stock is trading near its 52-week low of $1.60, following a 22% decline over the past week. The amended agreement, effective immediately, retains the same percentage limits for selling common stock as the original, according to a Securities and Exchange Commission filing. The leak-out agreement governs the sale of common stock by holders of Series G Preferred Stock. The filing states that the new agreement is attached as Exhibit 10.1. Our Bond's common stock is listed on The Nasdaq Stock Market under ticker OBAI. The company identifies itself as an emerging growth company. Recent financial improvements include a 41% sequential reduction in operating expenses and a narrowing of the net loss by 28% in Q2 2026. The company also announced a restructuring of preferred stock and the conversion of debt and fees into equity, including the launch of a private offering of common stock. The terms of this offering were set at a $10.00 stated value per share, convertible into common stock at $2.0265 per share, with a 10% annual dividend rate.",
  "summary": null,
  "key_points": [
    "Our Bond, Inc. amended leak-out agreement with preferred stockholders.",
    "Agreement retains original percentage limits for selling common stock.",
    "Company shows financial improvements with 41% expense reduction in Q2 2026."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}