Our Bond secures approval to increase authorized common shares to 200 million
OBAI•Our Bond’s majority stockholder, holding 90.83% of voting power, approved by written consent an increase in authorized common shares to 200 million from 10 million after the reverse split. The amendment takes effect after the pending 1-for-20 reverse split and a 20-calendar-day information statement delivery period.
1. Share authorization increase
Our Bond’s majority stockholder acted by written consent on September 28, 2026, approving a board-backed amendment to increase authorized common stock to 200 million shares from 10 million at the post-split level. The amendment takes effect immediately following the pending 1-for-20 reverse stock split, subject to a 20-calendar-day information statement delivery period.
