$0.188
+0.016 (+8.41%)收盤時
OLB 資訊
OLB 事件
OLB Group Suspends Equity Offering and Authorizes 1M Share Buyback
The OLB Group announced two shareholder-focused actions: the suspension of its at-the-market equity offering program and a Board-authorized share repurchase program. Effective immediately, OLB has suspended its ATM program and will not sell shares under it. The decision reflects management's view that issuing equity at current prices does not serve shareholders. OLB's Board of Directors has authorized the initial repurchase of up to 1M shares of the company's common stock.
OLB Group Files to Sell 6.43M Shares of Common Stock
OLB Group files to sell 6.43M shares of common stock for holders
OLB Dramatically Reduces Operating Costs in FY 2025
"Fiscal year 2025 was a transformational year for OLB," said Ronny Yakov, Chairman and Chief Executive Officer. "We made the difficult but necessary decisions to dramatically reduce our cost structure, rationalize non-performing assets, which we believe positions the Company for sustainable, profitable growth. The results speak for themselves - we cut our operating expenses by nearly half while preserving the core revenue-generating capabilities of our FinTech platform."
OLB Group Enters Global Partnership Agreement with PayPal
The OLB Group (OLB) entered into a global partner agreement with PayPal (PYPL) to deliver a next-generation checkout and wallet experience for merchants across OLB's ecosystem, including its SecurePay payment gateway. Under the agreement, OLB is authorized to integrate, promote, and support PayPal's payment solutions for its merchants, enabling faster onboarding, enhanced conversion at checkout, and expanded access to global buyers. Through this partnership, OLB will embed PayPal's branded checkout and related services - including Venmo - directly into its commerce and payment platforms, giving merchants the ability to accept PayPal with minimal technical lift while benefiting from PayPal's trusted brand, global reach, and risk and fraud capabilities. The collaboration is designed to streamline how merchants activate PayPal and Venmo, simplify settlement and reporting, and unlock new revenue opportunities through higher conversion and access to millions of active PayPal accounts worldwide.
OLB Group Plans Spin-Off of DMint Digital Asset Mining Subsidiary
The OLB Group announced the planned structure for the spin-off of DMint, its high-growth digital asset mining subsidiary. Upon completion of this transaction, current OLB shareholders will own equity interests in not one, but two separately traded public companies-without investing an additional dollar: OLB Group: A streamlined fintech powerhouse focused on payment processing, merchant services, and e-commerce solutions; DMint: A pure-play Bitcoin mining company positioned to capitalize on the expanding digital asset economy. This dual-ownership structure is designed to maximize shareholder value by allowing each business to pursue its distinct growth trajectory with dedicated management, focused capital allocation, and clear market positioning. Each OLB shareholder of record as of the expected record date will receive DMint shares on a pro rata basis, as will be described in DMint's Form S-1. No action is required-DMint shares will be delivered directly to your existing brokerage account through the Depository Trust Company system. In parallel with the spin-off, DMint will conduct a public offering under Form S-1. Following the offering, OLB shareholders will receive, in the aggregate, the remaining DMint shares proportionally based on their OLB holdings. This structure ensures existing shareholders participate in DMint's equity at its established public market valuation. DMint expects to deploy net proceeds from its public offering to: Acquire additional next-generation mining equipment; Expand power and hosting capacity; Scale operations at its Selmer, Tennessee facility and related sites; Strengthen working capital for accelerated growth.
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