---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-056307"
form_type: "8-K"
ticker: "OLB"
cik: "0001314196"
company_name: "OLB GROUP, INC."
filed_at: "2021-11-03T23:59:59+00:00"
generated_at: "2026-06-28T13:45:48.323117+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# OLB Group to acquire Crowd Ignition in $5.3M share exchange; related party transaction

## Summary
- OLB to issue 1,318,408 shares to acquire 100% of Crowd Ignition; purchase price $5.3M based on Oct 1 closing price.
- Crowd Ignition is a web-based crowdfunding software platform, one of ~50 SEC-registered companies under Reg CF.
- Ronny Yakov (CEO/Chairman) and John Herzog (significant shareholder) own 100% of Crowd Ignition, making this a related-party deal.
- Transaction expected to close by end of November 2021, subject to execution of agreement and customary conditions.
- Crowd Ignition provides a platform for broker-dealers, merchant banks, and law firms to market crowdfunding offerings.

## SEC filing metadata
- accession: 0001213900-21-056307
- form_type: 8-K
- ticker: OLB
- cik: 0001314196
- company_name: OLB GROUP, INC.
- filed_at: 2021-11-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1314196/000121390021056307/0001213900-21-056307-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1314196/000121390021056307/ea149851-8k_theolbgroup.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-056307
- JSON: https://secwatch.observer/filing/0001213900-21-056307.json
- Plain text: https://secwatch.observer/filing/0001213900-21-056307.txt

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