secwatch.observer — SEC 8-K summary
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Issuer:     OLB GROUP, INC. (OLB)
CIK:        0001314196
Form:       8-K
Filed at:   2026-02-23T23:59:59+00:00
Accession:  0001213900-26-019383
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OLB Group raises $3.0M in private placement of common stock and warrants at $1.05/unit
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1314196/000121390026019383/0001213900-26-019383-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1314196/000121390026019383/ea0277771-8k_olbgroup.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-019383

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