secwatch.observer — SEC 8-K summary
======================================

Issuer:     OLB GROUP, INC. (OLB)
CIK:        0001314196
Form:       8-K
Filed at:   2024-02-23T23:59:59+00:00
Accession:  0001213900-24-016550
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1314196/000121390024016550/0001213900-24-016550-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1314196/000121390024016550/ea0200520-8k_olbgroup.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-016550

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer