OLB Group, Inc. Announces ATM Equity Offering Agreement with Maxim

What Happened

• OLB Group, Inc. (OLB) announced on August 7, 2026 that it entered an Equity Distribution Agreement with Maxim Group LLC to sell shares of its common stock in an "at‑the‑market" (ATM) program.
• The company filed a prospectus supplement registering up to $1,600,000 of shares under its shelf registration on Form S-3 (File No. 333-280347, declared effective July 2, 2024).

Key Details

• The Sales Agreement allows OLB to sell shares from time to time through Maxim as agent or principal under Rule 415 (ATM offerings).
• Maxim will use commercially reasonable efforts to sell shares but OLB has no obligation to sell any shares and no assurance any sales will occur.
• OLB will pay Maxim a commission of 3.0% of the gross sales price and will reimburse Maxim’s out‑of‑pocket expenses (including legal fees).
• Termination: OLB may terminate the agreement with ten (10) business days’ written notice; mutual termination is possible with five (5) days’ notice.

Why It Matters

• This agreement gives OLB a flexible, on‑demand way to raise capital over time by selling common stock at prevailing market prices, subject to market conditions and the company’s decisions.
• If OLB uses the ATM, issuing additional shares would dilute existing shareholders and transaction costs (3% commission + expenses) will reduce net proceeds.
• Investors should watch for future disclosures showing whether and when shares are sold under the program, the amounts raised, and any impact on share count and financial position.