OLB Group Sets Up $1.6 Million At-the-Market Share Sale Program With Maxim
OLB Group entered an Equity Distribution Agreement with Maxim Group on August 7, 2026, allowing it to sell common stock through an at-the-market offering. The company filed a prospectus supplement registering up to $1.6 million of shares, and it has no obligation to sell any shares under the agreement. Shareholders could see dilution if the company sells shares under the program, and Maxim will receive a 3.0% commission on gross sales.
Key points
- Agreement dated August 7, 2026, with Maxim Group LLC covers sales of common stock through an at-the-market offering.
- Prospectus supplement registers up to $1.6 million of shares, issued under a shelf registration statement effective July 2, 2024.
- Maxim receives a commission of 3.0% of gross sales price, and the company reimburses its expenses and legal fees.
- The company may end the program on ten business days' written notice and has no obligation to sell any shares.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.