---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-000550"
form_type: "8-K"
ticker: "OLB"
cik: "0001314196"
company_name: "OLB GROUP, INC."
filed_at: "2022-01-05T23:59:59+00:00"
generated_at: "2026-06-27T20:31:06.723956+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# OLB Group acquires Crowd Ignition for $5.3M in stock; related-party with CEO and major shareholder

## Summary
- OLB issued 1,318,408 shares valued at $5.3M to acquire 100% of Crowd Ignition, a crowdfunding software platform.
- Crowd Ignition provides a platform for broker-dealers and law firms to market crowdfunding offerings, complying with Reg D, Reg A+, and Reg CF.
- Sellers are Ronny Yakov (CEO/Chairman of OLB) and John Herzog (significant shareholder), making the transaction related-party.
- Crowd Ignition is one of approximately 50 companies registered with the SEC to provide services under Regulation CF.
- Transaction closed January 3, 2022; Crowd Ignition becomes a wholly owned subsidiary of OLB.

## SEC filing metadata
- accession: 0001213900-22-000550
- form_type: 8-K
- ticker: OLB
- cik: 0001314196
- company_name: OLB GROUP, INC.
- filed_at: 2022-01-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1314196/000121390022000550/0001213900-22-000550-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1314196/000121390022000550/ea153375-8k_theolbgroup.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-000550
- JSON: https://secwatch.observer/filing/0001213900-22-000550.json
- Plain text: https://secwatch.observer/filing/0001213900-22-000550.txt

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