other material
confidence high
sentiment positive
materiality 0.70
OLB Group raises $3.0M in private placement of common stock and warrants at $1.05/unit
OLB GROUP, INC.
- Gross proceeds ~$3.0M from sale of 2.86M pre-funded warrants and 3.57M common warrants at combined $1.05/unit.
- Common warrants exercisable at $0.92, 5-year term; pre-funded warrants exercisable at $0.0001 immediately.
- Existing warrants from 2021 repriced to $0.92 and term extended by 3 years.
- Offering closed Feb 19, 2026; D. Boral Capital acted as placement agent with 6% fee.