---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-044831"
form_type: "8-K"
ticker: "OLB"
cik: "0001314196"
company_name: "OLB GROUP, INC."
filed_at: "2021-08-26T23:59:59+00:00"
generated_at: "2026-06-29T07:30:06.129117+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# OLB Group secures $6.1M registered direct offering of common stock and warrants

## Summary
- Offering of 1,418,605 shares at $4.30 per share, with warrants to purchase up to 1,418,605 shares at $5.42 per share.
- Gross proceeds ~$6.1M; net proceeds estimated at ~$5.6M after placement agent fees and offering expenses.
- Warrants exercisable six months from issuance, expire five and a half years from issuance.
- Proceeds to be used for working capital, potential acquisitions, and technology investments.
- Expected closing on or about August 23, 2021, subject to customary closing conditions.

## SEC filing metadata
- accession: 0001213900-21-044831
- form_type: 8-K
- ticker: OLB
- cik: 0001314196
- company_name: OLB GROUP, INC.
- filed_at: 2021-08-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1314196/000121390021044831/0001213900-21-044831-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1314196/000121390021044831/ea146269-8k_theolbgroup.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-044831
- JSON: https://secwatch.observer/filing/0001213900-21-044831.json
- Plain text: https://secwatch.observer/filing/0001213900-21-044831.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.