OLB Group Prices $3.0 Million Private Placement of Common Stock and Warrants

Reuters02-18 23:10
OLB Group Prices $3.0 Million Private Placement of Common Stock and Warrants

OLB Group Inc. said it entered into a $3.0 million private placement with an institutional investor to sell 2,857,142 common shares (or prefunded warrants) and warrants to buy up to 3,571,428 additional shares at a combined price of $1.05 per share and warrant. The new warrants carry a $0.92 exercise price and a five-year term after a resale registration statement becomes effective, and the company also agreed to cut the exercise price on certain existing warrants to $0.92 and extend their term by three years. D. Boral Capital is serving as exclusive placement agent, and the closing is expected around Feb. 19, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OLB Group Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202602181010ACCESSWRNAPR_____1138467) on February 18, 2026, and is solely responsible for the information contained therein.

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