Our Bond, Inc.
For the period ended Sep 28, 2026. Filed Oct 1, 2026.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Sep 28, 2026 · Filed Oct 1, 2026
Contents
EX-99.1 · Reverse Stock Split:
Reverse Stock Split:
Bond’s Board of Directors and shareholders have approved a 1-for-20 reverse stock split of the Company’s common stock. The Company is working with Nasdaq in accordance with its processes. The effective date and other implementation details have not yet been determined, and the Company intends to announce them through a Current Report on Form 8-K and a press release once they are final, which it currently anticipates will be within a matter of weeks.
“We believe there is a significant misalignment between the value of the business we are building and Bond’s current share price, and we view the reverse split as a positive step for the Company,” said Mr. Kempel. “The reverse split reduces our float and, at a higher share price, should make Bond’s shares eligible for purchase by institutional investors whose policies do not allow them to buy lower-priced stocks. We believe both are particularly significant as we enter an anticipated period of enhanced growth. The reverse split also assists with our Nasdaq compliance matters, which we expect to separately resolve organically by the end of the year.”
In July 2026, Nasdaq notified the Company that it was not in compliance with certain continued listing requirements, including Nasdaq’s $1.00 minimum bid price requirement. The Company was provided until January 11, 2027 to regain compliance with the applicable requirements.
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