OLB Group Inc. said it priced a $3.0 million private placement with an institutional investor for 2,857,142 shares of common stock (or prefunded warrants) and warrants to buy up to 3,571,428 additional shares at a combined price of $1.05 per share and accompanying warrants. The new warrants carry a $0.92 exercise price and a five-year term after the related resale registration statement becomes effective, and the company also agreed to cut the exercise price on certain existing investor warrants to $0.92 and extend their term by three years. Closing is expected around Feb. 19, 2026, with D. Boral Capital LLC as placement agent.
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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-019383), on February 23, 2026, and is solely responsible for the information contained therein.
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