NASDAQ:OBAI 16 June 2026 - 17 June 2026

Our Bond Inc. fell 8.1% to $1.02 early Wednesday in premarket trade, giving up some gains after a big jump the previous day. The AI personal security company had announced a debt exchange and a license deal, which sent the stock up 108.5% to $1.11 at Tuesday’s close. Nasdaq premarket quotes came in at 04:15 ET, ahead of the 9:30 a.m. open. Investors are watching to see if the New York-based firm can use new contracts and reduced balance-sheet pressure to stretch its cash runway. Shares jumped while the Nasdaq Composite dropped 1.15% on Tuesday—company news, not the broad market, fueled the stock's rally.

Shares of Our Bond, Inc. jumped Tuesday, with OBAI trading as high as $1.27 and most recently quoted at $0.9911, up roughly 85% from Monday’s $0.5346 close. More than 403 million shares changed hands as traders responded to news of a fresh balance-sheet restructuring and a municipality-backed rollout of the company’s AI security platform. Investors focused on these company updates, looking past the broader market and betting on better liquidity and growth prospects. Our Bond said Ascent Partners Fund LLC will swap around $3.3 million of promissory notes for Series G convertible preferred stock. Convertible preferred is senior to common and can be converted into common shares, which can dilute existing holders. The set conversion price is $2.0265 per share, more than 200% higher than where the stock has traded recently, according to the company. The notes are to be marked paid in full on closing. In a separate SEC filing, Our Bond said the preferred pays a 10% annual dividend, has a 9.99% beneficial ownership cap, and includes redemption and anti-dilution protections.