---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-016550"
form_type: "8-K"
ticker: "OLB"
cik: "0001314196"
company_name: "OLB GROUP, INC."
filed_at: "2024-02-23T23:59:59+00:00"
generated_at: "2026-06-05T16:47:54.431887+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# OLB Group enters $15M ATM equity distribution agreement with Maxim Group

## Summary
- Up to $15M of common stock may be sold at-the-market through Maxim Group as sales agent.
- Commission of 3.0% of gross sales price; program term of 12 months or until shares exhausted.
- Prospectus supplement filed Feb 20, 2024 covering up to $3.9M of shares under the ATM.
- Existing S-3 effective May 3, 2021 (File No. 333-255152) governs issuance.

## SEC filing metadata
- accession: 0001213900-24-016550
- form_type: 8-K
- ticker: OLB
- cik: 0001314196
- company_name: OLB GROUP, INC.
- filed_at: 2024-02-23T23:59:59+00:00
- event_type: other_material
- 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/1314196/000121390024016550/0001213900-24-016550-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1314196/000121390024016550/ea0200520-8k_olbgroup.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-016550
- JSON: https://secwatch.observer/filing/0001213900-24-016550.json
- Plain text: https://secwatch.observer/filing/0001213900-24-016550.txt

## Key facts
- Material Agreements
  OLB GROUP, INC. entered into Equity Distribution Agreement with Maxim Group LLC valued at up to $15,000,000 (effective 2024-02-16).
  - Action: entry
  - Agreement: atm program
  - Counterparty: Maxim Group LLC
  - Value: up to $15,000,000
  - Effective: 2024-02-16
  source text: On February 16, 2024, The OLB Group, Inc. (the “Company”) entered into an Equity Distribution Agreement (the “Agreement”) with Maxim Group LLC (“Maxim”) to create an at-the-market equity program. Under the Agreement, the Company may offer and sell its common stock, par value $0.0001 per share, from time to time having an aggregate offering amount of up to $15,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1314196/000121390024016550/0001213900-24-016550-index.htm

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