OLB GROUP, INC. (OLB): Nasdaq/NYSE listing notice — OLB Group regains Nasdaq minimum bid price compliance after closing above $1.00 for 10 days

OLB GROUP, INC.

Received written notice from Nasdaq on Jan 30, 2023 confirming bid price compliance for 10 consecutive business days (Jan 12-27).
Had previously been notified on Dec 15, 2022 of a deficiency under Nasdaq Listing Rule 5550(a)(2) for failing to maintain $1.00 minimum bid.
Common stock closing bid price remained at $1.00 or above from Jan 12 to Jan 27; matter is now closed.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

OLB GROUP, INC. received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: compliance regained
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

January 30, 2023, we received a notice from NASDAQ that it had determined that for the prior 10 consecutive business days, from January 12, 2023 to January 27, 2023, the closing bid price for the Company’s common stock has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with NASDAQ Listing Rule 5550(a)(2) and the matter is closed. A press release was issued by the Company on February 1, 2023 announcing the determination of compliance. The forgoing description of the Press Release does not purport to be complete and is subject to, and is qualified in its ent

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Source: SEC EDGAR

accession 0001213900-23-006550

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