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OLB News

Micro-cap payment facilitator OLB Group prices Nasdaq uplisting at $9

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The OLB Group, a merchant acquirer with a suite of payment services, raised $6 million by offering 0.7 million units at $9, below the July 28 sale price of its shares on the OTC Pink ($10.40). Each unit consists of one share of common stock, two Series...read more

Micro-cap payment facilitator OLB Group files amendment ahead of $6 million IPO

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The OLB Group, a merchant acquirer with a suite of payment services, amended its prospectus ahead of its upcoming IPO on Monday. The company now plans to offer units with warrants attached. The New York, NY-based company now plans to raise $6 million by...read more

Micro-cap payment services provider OLB Group cuts deal size by 44% ahead of $5 million IPO

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The OLB Group, a merchant acquirer with a suite of payment services, lowered the proposed deal size for its upcoming IPO on Thursday. The New York, NY-based company now plans to raise $5 million by offering 0.7 million shares at a price of $7.60. The...read more

The OLB Group sets terms for $9 million IPO

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The OLB Group, a merchant acquirer with a suite of payment services, announced terms for its IPO on Friday. The New York, NY-based company plans to raise $9 million by offering 600,000 shares at an assumed price of $15, the last reported sale price of its...read more