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TG-17, Inc. ( (OBAI) ) has provided an update.
On March 1, 2026, Our Bond, Inc. amended an outstanding warrant issued October 27, 2025, temporarily reducing the exercise prices for a total of 12,000,000 of the 15,991,902 remaining warrant shares to tiers of $2.25, $2.75, and $3.25 per share for 90 days, after which the price reverts to $12.35, while all other warrant terms remain unchanged. On the same date, the company issued a $2,500,000 promissory note to Ascent Partners Fund, LLC bearing 10% annual interest and maturing September 1, 2026, requiring 25% of net proceeds from future securities offerings to be applied to repayment and imposing higher default interest and fees, signaling an effort to incentivize near-term capital inflows while taking on structured debt obligations with strict covenants.
More about TG-17, Inc.
Our Bond, Inc., a Nevada corporation, issues common stock and related securities as part of its corporate financing activities. The company utilizes warrants and promissory notes to raise capital, reflecting a focus on structured financing arrangements in the capital markets.
Average Trading Volume: 3,266,705
See more insights into OBAI stock on TipRanks’ Stock Analysis page.