Our Bond stock surged 76% after a major investor exchanged about $3.3 million of debt for preferred equity at a sharp premium.

Key Highlights

  • OBAI shares rose 75.78% to $0.94 during Tuesday trading after closing at $0.53 in the previous session.
  • Trading volume reached about 378.69 million shares, with the stock moving between $0.78 and $1.28.
  • A major investor exchanged approximately $3.3 million of notes for 366,941 Series G preferred shares.
  • The Series G preferred stock carries a 10% dividend and a $2.0265 conversion price.

Our Bond, Inc. (NASDAQ:OBAI) shares jumped sharply during Tuesday trading after the personal-security technology company announced a debt exchange with a major investor.

The stock traded at $0.94 in the latest regular-session update, up $0.41, or 75.78%, from the previous close of $0.53. Shares opened at $0.91 and traded between $0.78 and $1.28 on heavy volume of about 378.69 million shares.

The move followed an agreement under which approximately $3.3 million of notes held by Ascent Partners Fund were exchanged for 366,941 shares of newly issued Series G Convertible Preferred Stock.

The preferred stock carries a 10% dividend and has a conversion price of $2.0265 per common share. That conversion price was well above the company’s recent market price, drawing investor attention to the premium implied by the transaction.

The debt exchange reduces outstanding note obligations and shifts part of the company’s capital structure into preferred equity. For a micro-cap company, reduced near-term debt pressure can become a significant trading catalyst when paired with high volume.

Our Bond also amended existing financing arrangements to delay certain payment obligations. The separate agreement pushed nearly $1 million of payments into later periods, improving near-term liquidity flexibility.

The company operates an artificial-intelligence-based personal security platform serving corporations, cities, universities and individuals. Its services include mobile safety tools, live personal-security agents, drone response support and security-monitoring capabilities.

Our Bond was formerly known as TG-17, Inc. and completed its public listing on the Nasdaq Global Market in February 2026. The company has said it has invested more than $100 million into technology, operations and global expansion.

The stock remains highly volatile. Its 52-week range spans from $0.43 to $38.50, while the latest rally lifted the company’s market capitalisation to approximately $13 million.

The sharp move placed OBAI among the day’s most active small-cap technology stocks, as investors reacted to the debt conversion, preferred-equity terms and improved payment schedule.