Business
OLB Group Inc. Announces Pricing of $1.3 Million Registered Direct Offering of Common Stock and Warrants
NEW YORK CITY, NY / ACCESS Newswire / January 23, 2026 / The OLB Group, Inc. (NASDAQ:OLB) ("OLB" or the "Company"), a diversified fintech company providing
About this update from The Olb Group, Inc.
[{"type":"text","content":"NEW YORK CITY, NY / ACCESS Newswire / January 23, 2026 / The OLB Group, Inc. (NASDAQ:OLB) (\"OLB\" or the \"Company\"), a diversified fintech company providing payment processing and digital asset technology solutions, today announced that it has entered into a securities purchase agreement for the purchase and sale of 2,166,666 shares of its common stock at purchase price of $0.60 per share for an aggregate price of approximately $1.3 million before deducting commissions and expenses of the offering. In addition, in a concurrent private placement, the Company will issue warrants to purchase up to 2,166,666 shares of common stock. The warrants have an exercise price of $0.78 per share, are exercisable commencing six months after issuance and will have a term of five years from the issuance date. The closing of the offering is expected to occur on or about January 26, 2026, subject to the satisfaction of customary closing conditions.D. Boral Capital LLC is acting as exclusive placement agent for the offering.The proposed offering of the common stock described above is being offered by the Company pursuant to a \"shelf\" Registration Statement on Form S-3 (File No. 333-280347) filed with the Securities and Exchange Commission (the \"SEC\") and declared effective by the SEC on July 2, 2024, and the accompanying prospectus contained therein. The offering is being made only by means of a prospectus supplement and accompanying prospectus. A final prospectus supplement and accompanying prospectus relating to the registered direct offering will be filed with the SEC, which may be obtained, when available, from D. Boral Capital LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022 by email to [email protected], or by calling (212) 970-5150.The warrants described above were offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the \"Securities Act\"), and, along with the shares of common stock underlying the warrants, have not been registered under the Securities Act, or applicable state securities laws. Accordingly, the warrants and underlying shares of common stock may not be reoffered or resold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities...