# OLB GROUP, INC. (OLB) — capital_raise/atm_program [announced]
Source: SEC API (secapi.ai) · situation sit_17628438b4ceb5467245 · retrieved 2026-08-16T21:24:05.949Z

## Overview
The OLB Group, Inc. is a business services company providing payment processing and financial technology solutions.

The OLB Group, Inc. entered into an Equity Distribution Agreement with Maxim Group LLC on August 7, 2026, establishing an at-the-market (ATM) offering program for up to $1,600,000 of common stock. Maxim will act as sales agent, using commercially reasonable efforts to sell shares at market prices on Nasdaq, with the Company controlling the timing, volume, and minimum price parameters. The Company will pay Maxim a 3.0% commission on gross sales proceeds, plus reimbursement of documented costs and legal fees up to $25,000 initially and $3,500 per quarter thereafter. The offering may be terminated by the Company with 10 business days' notice or by mutual agreement with 5 days' notice, and shares will be issued under the Company's existing Form S-3 registration statement (File No. 333-280347), which became effective July 2, 2024.

## Terms
- Counterparty: Maxim Group LLC · Deal value: $1.6M · Consideration: stock

## Key dates
- Announced 2026-08-12

## Timeline
- 2026-08-12 · 8-K (0001185185-26-003446): 8-K - OLB GROUP, INC. — *The OLB Group, Inc. is a business services company providing payment processing and financial technology solutions.* The OLB Group, Inc. entered into an Equity Distribution Agreement with Maxim Group LLC on August 7, 2026, establishing an at-the-market (ATM) offering program for up to $1,600,000 of common stock. Maxim will act as sales agent, using commercially reasonable efforts to sell shares at market prices on Nasdaq, with the Company controlling the timing, volume, and minimum price parameters. The Company will pay Maxim a 3.0% commission on gross sales proceeds, plus reimbursement of documented costs and legal fees up to $25,000 initially and $3,500 per quarter thereafter. The offering may be terminated by the Company with 10 business days' notice or by mutual agreement with 5 days' notice, and shares will be issued under the Company's existing Form S-3 registration statement (File No. 333-280347), which became effective July 2, 2024.
  https://www.sec.gov/Archives/edgar/data/1314196/0001185185-26-003446.txt

## Citations
- 0001185185-26-003446 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000118518526003446