Our Bond (Nasdaq: OBAI) extends $3M shareholder revolving note to 2027

Rhea-AI Filing Summary

Our Bond, Inc. extended the maturity of an existing unsecured revolving note with ProdActive II, LLC, a large shareholder related to its Founder and CEO. The note allows the company to borrow up to $3,000,000 at the IRS Applicable Federal Rate.

The maturity date, originally July 5, 2026, has been pushed out by one year to July 7, 2027, keeping this low-interest, unsecured funding source available if needed. The current outstanding balance under the revolving note is $0, so the extension preserves, rather than adds to, existing debt capacity.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Key Figures

Revolving note capacity: $3,000,000 Original maturity date: July 5, 2026 New maturity date: July 7, 2027 +2 more

5 metrics

Revolving note capacity $3,000,000 Maximum principal available under unsecured revolving note

Original maturity date July 5, 2026 Initial maturity of revolving note before extension

New maturity date July 7, 2027 Revolving note maturity after one-year extension

Current outstanding balance $0 Principal outstanding under revolving note at disclosure

Interest rate basis Applicable Federal Rate IRS minimum rate for related-party loans applied to note

Key Terms

unsecured revolving note, Applicable Federal Rate, emerging growth company, Item 8.01 Other Events, +1 more

5 terms

unsecured revolving note financial

"entered into an unsecured revolving note (the “Revolving Note”) with ProdActive II, LLC"

Applicable Federal Rate financial

"bears annual interest at the ‘Applicable Federal Rate,’ which is the minimum interest rate set by the IRS"

emerging growth company regulatory

"Emerging growth company Item 8.01 Other Events"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Item 8.01 Other Events regulatory

"Emerging growth company Item 8.01 Other Events In July of 2023"

related parties financial

"Applicable Federal Rate,’ which is the minimum interest rate set by the IRS for loans between related parties"

Related parties are people or organizations that have close ties to a company—such as owners, executives, family members, or other companies under common control—that can do business with it in ways a stranger would not. Investors care because deals between related parties can favor insiders, hide true costs or benefits, or mask risks; like a family agreeing on a price for a used car, these transactions may not reflect what an independent buyer would pay and can affect a company’s honesty about its finances.

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Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 17, 2026

Our Bond, Inc.

(Exact name of registrant as specified in its charter)

Nevada		001-43087		83-1751618
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

85 Broad Street, New York, New York		10004
(Address of principal executive offices)		(Zip Code)

(888) 567-6234

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.0001 per share		OBAI		The Nasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events

In July of 2023, Our Bond, Inc., a Nevada corporation (“we,” “us,” “our” or the “Company”) entered into an unsecured revolving note (the “Revolving Note”) with ProdActive II, LLC, a large shareholder related to our Founder and Chief Executive Officer. Under the Revolving Note, as amended and restated, the noteholder may, in its sole discretion, lend to the Company from time to time such amounts as may be requested by the Company, up to a total of $3,000,000, with a maturity date of July 5, 2026. The principal amount outstanding under the Revolving Note bears annual interest at the ‘Applicable Federal Rate,’ which is the minimum interest rate set by the IRS for loans between related parties. The balance due under the Revolving Note is currently $0.

On June 16, 2026, the parties agreed to extend the maturity date of the Revolving Note for one year to July 7, 2027, in order to ensure that this source of low-interest unsecured financing would continue to be available to the Company if and when needed over the next year.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: June 18, 2026	Our Bond, Inc.
	By:	/s/ Doron Kempel
	Name:	Doron Kempel
	Title:	Chief Executive Officer

FAQ

What financing change did Our Bond (OBAI) disclose in this 8-K?

Our Bond extended the maturity of an unsecured revolving note with ProdActive II, LLC by one year to July 7, 2027. The facility lets the company borrow up to $3,000,000 at the IRS Applicable Federal Rate if needed.

How large is the revolving credit facility described by Our Bond (OBAI)?

The revolving note allows Our Bond to borrow up to $3,000,000 from ProdActive II, LLC. This is an unsecured arrangement, meaning no specific collateral is pledged, and it can be drawn over time at the noteholder’s discretion.

What interest rate applies to Our Bond’s (OBAI) revolving note?

The revolving note bears interest at the IRS “Applicable Federal Rate,” which is the minimum rate for loans between related parties. This structure provides low-interest financing compared with many commercial alternatives, subject to prevailing IRS rate levels.

What is the current balance outstanding on Our Bond’s (OBAI) revolving note?

The balance outstanding on the revolving note is currently $0. This means Our Bond has not drawn on the available $3,000,000 credit capacity at the time of the disclosure, but retains the option to borrow if needed before maturity.

Who provides the revolving financing facility to Our Bond (OBAI)?

The lender is ProdActive II, LLC, described as a large shareholder related to Our Bond’s Founder and Chief Executive Officer. The arrangement is an unsecured revolving note, so borrowings depend on this related party’s willingness to fund requests.

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL SCHEMA FILE 2.9 KB
• EX-101 XBRL LABEL FILE 33.4 KB
• EX-101 XBRL PRESENTATION FILE 21.8 KB