Our Bond (OBAI) investor relations material

Business position and growth

• Addressable market cited at over $400B; product and service operating for 6.5 years, with high retention and adoption among large corporations, cities and universities.

• More than $100M invested in infrastructure; incremental member additions described as efficient and low-cost. Nearly 1.5M service requests and over 10,000 emergencies handled.

• EY analysis validated stated assumptions and potential reductions in violent incidents, medical costs, missed workdays, churn, recruitment, training, legal and reputational costs.

• CEO cited faster meeting activity after GSX and expects to cross the market-adoption chasm by the same time next year, with improved deal conversion, cycle time and initial deal size.

• 2026 growth investments are underway; potential contract sizes range from smaller initial deployments to a hypothetical employee-wide deal exceeding $10M.

Strategic capital realignment

• About $8M of Eastward debt converted to equity, eliminating $3.7M of accrued interest due through 2027 and reducing liabilities by $7.9M.

• $7M of Ascent preferred converted to permanent equity, removing dividends and the requirement to use 25% of funds raised to pay it down; 380,000 Ascent warrants canceled.

• Before-and-after metrics included senior secured debt falling from about $7.8M to zero, annual cash interest from $836,000 to zero, accrued dividends from about $0.5M to zero and redeemable preferred stock from about $6.7M to zero.

• Up to $10M PIPE established at $2.75/share; Ascent invested $250,000 at a price the CEO said was 20%–30% above market.

• PIPE is optional; discussions with existing and new investors continue. If the share price rises sufficiently above $2.75, options include repricing or pausing the PIPE and pursuing other financing.

Nasdaq compliance and outlook

• Reverse split addressed the $1 minimum bid-price criterion; Global Market valuation threshold cited at $50M, versus Capital Market criteria of $35M valuation or $2.5M positive shareholder equity.

• Positive-equity shortfall described as about $3M after realignment; CEO expressed confidence in closing the gap and regaining compliance by year-end 2026.

• Break-even could depend on many smaller deals or one large contract. A hypothetical $1.2M annual deal would contribute $100,000 monthly revenue recognition; future updates may include ARR or annual contract value.