---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-057223"
form_type: "8-K"
ticker: "OLB"
cik: "0001314196"
company_name: "OLB GROUP, INC."
filed_at: "2021-11-08T23:59:59+00:00"
generated_at: "2026-06-28T11:19:05.695693+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OLB Group closes $25M private placement of stock and warrants, net proceeds $22.9M

## Summary
- Closed $25M gross private placement: 4,545,455 common shares (or pre-funded warrants) and 4,545,455 warrants.
- Price per unit $5.50; warrants exercisable at $6.50 for five years after resale registration effective date.
- Net proceeds of $22.9M to invest in/acquisitions, expand products, and for working capital.
- H.C. Wainwright acted as placement agent; resale registration to be filed within 15 days.

## SEC filing metadata
- accession: 0001213900-21-057223
- form_type: 8-K
- ticker: OLB
- cik: 0001314196
- company_name: OLB GROUP, INC.
- filed_at: 2021-11-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1314196/000121390021057223/0001213900-21-057223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1314196/000121390021057223/ea150061-8k_theolbgroup.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-057223
- JSON: https://secwatch.observer/filing/0001213900-21-057223.json
- Plain text: https://secwatch.observer/filing/0001213900-21-057223.txt

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