Our Bond, Inc. (OBAI) raises $500K via 10% promissory note due June 2026

Rhea-AI Filing Summary

Our Bond, Inc. entered into a new debt agreement, issuing a promissory note to Ascent Partners Fund, LLC with a principal amount of $526,315.79. The note carries a 5% original issue discount, so the company received $500,000 in cash.

The note bears 10% annual interest, requires monthly interest payments starting immediately, and matures on June 30, 2026. After this financing, the company must apply net proceeds from all future securities offerings to repaying the note until it is fully paid.

If the company defaults, the interest rate increases to 24% annually and late payments incur a 10% late fee. Defaults include missed payments, covenant breaches, certain larger debt defaults above $150,000, and a change in control of the company.

Insights

Corporate finance analyst

Company raises $500,000 via short-term, covenant-heavy debt.

Our Bond, Inc. issued a promissory note with a principal of $526,315.79 for $500,000 in proceeds, reflecting a 5% original issue discount. The note bears 10% annual interest, with monthly interest payments and a maturity on June 30, 2026, indicating a relatively near-term funding solution.

The agreement requires that net proceeds from all future securities offerings be applied to repaying this note until it is fully satisfied. That provision effectively prioritizes this lender over other potential capital uses, which may influence how future equity or debt financings are structured.

Default terms are strict: the rate steps up to 24% annually upon default, late payments incur a 10% fee, and triggers include other indebtedness defaults above $150,000 and any change in control. Future filings may show how often the company taps capital markets before the June 30, 2026 maturity and whether this debt is refinanced or repaid.

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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): February 17, 2026

 TG-17, Inc.

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 1.01 Entry into a Material Definitive Agreement.

On February 17, 2026, Our Bond, Inc., a Nevada corporation (“we,” “us,” “our” or the “Company”) issued a Promissory Note to Ascent Partners Fund, LLC in the principal amount of $526,315.79 (the “Note”). The Note features a 5% original issue discount and was issued for a purchase price of $500,000. The Note bears interest at a rate of ten percent (10%) per annum and matures on June 30, 2026. Monthly payments of accrued interest under the Note are due on the first day of each month. We are required to apply the net proceeds of all future offerings or issuances of our securities toward payment of the Note until such time as it is paid in full. In the event of default, the Note will bear interest at a rate of twenty-four percent (24%) per annum and any late payments will incur a late fee in the amount of ten percent (10%) of the amount of the late payment. Events of default under the Note include any failure to pay the principal amount when due, any failure to pay interest, fees, or other obligations within five (5) business days of when due, a failure to perform any other covenant under the Note, a default under any indebtedness in excess of $150,000, and a change in control of the Company.

The foregoing is a summary of the material terms of the Note. The Note, which is filed herewith as Exhibit 10.1, contains additional terms, covenants, and conditions and should be reviewed in its entirety for additional information.

Item 9.01 Financial Statements and Exhibits

Exhibit No.		Description
10.1		Promissory Note due June 30, 2026
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

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: February 17, 2026	Our Bond, Inc.
	By:	/s/ Doron Kempel
	Name:	Doron Kempel
	Title:	Chief Executive Officer

FAQ

What financing did Our Bond, Inc. (OBAI) enter into on February 17, 2026?

Our Bond, Inc. issued a promissory note with a principal amount of $526,315.79 to Ascent Partners Fund, LLC. The company received $500,000 in cash due to a 5% original issue discount, using this short-term debt as a funding source.

What are the interest rate and maturity terms of OBAI’s new promissory note?

The promissory note bears interest at 10% per year and requires monthly interest payments. It matures on June 30, 2026, making it a relatively short-term obligation that the company must either repay or refinance within that timeframe.

How must Our Bond, Inc. use proceeds from future securities offerings under this note?

Our Bond, Inc. is required to apply the net proceeds of all future offerings or issuances of its securities toward payment of the note. This continues until the note is paid in full, effectively prioritizing this debt over other potential uses of new capital.

What happens if Our Bond, Inc. defaults on the Ascent Partners promissory note?

If a default occurs, the note’s interest rate increases to 24% annually and late payments incur a 10% late fee. Defaults include missed principal or interest payments, covenant breaches, certain larger debt defaults, and a change in control at the company.

What events can trigger default under OBAI’s new promissory note?

Default events include failing to pay principal when due, missing interest or fee payments for more than five business days, breaching other covenants, incurring a default on indebtedness over $150,000, and any change in control of Our Bond, Inc.

Who is the lender under Our Bond, Inc.’s February 2026 promissory note?

The lender is Ascent Partners Fund, LLC, which received a promissory note from Our Bond, Inc. with a principal amount of $526,315.79. In return, Ascent Partners Fund, LLC provided $500,000 in cash proceeds to the company at a 5% original issue discount.

Filing Exhibits & Attachments

4 documents

Agreements & Contracts

• EX-10.1 EX-10.1 72.1 KB

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