secwatch.observer — SEC 8-K summary
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Issuer:     OLB GROUP, INC. (OLB)
CIK:        0001314196
Form:       8-K
Filed at:   2022-12-21T23:59:59+00:00
Accession:  0001213900-22-081605
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

OLB Group receives Nasdaq deficiency notice for bid price below $1.00 per share
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- Received Nasdaq notice on Dec 15, 2022, for failing to maintain minimum $1.00 close for 30 consecutive business days.
- Has 180 calendar days (until June 13, 2023) to regain compliance by closing at $1.00 or more for 10 straight days.
- If not regained, Nasdaq may delist; company can appeal the determination.
- Common stock continues trading on Nasdaq Capital Market during the cure period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1314196/000121390022081605/0001213900-22-081605-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1314196/000121390022081605/ea170541-8k_theolbgroup.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-081605

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