OLB Group Appoints New Auditor
Ticker: OLB · Form: 8-K · Filed: Jul 19, 2024 · CIK: 1314196
Sentiment: neutral
Topics: auditor-change, accounting
Related Tickers: OLB
TL;DR
OLB Group ditches old accountants for new ones, effective immediately.
AI Summary
On July 15, 2024, The OLB Group, Inc. filed an 8-K report detailing changes in its certifying accountant. The company has appointed Citrin Cooperman & Company, LLP as its new independent registered public accounting firm, replacing WithumSmith+Brown, PC. This change is effective immediately.
Why It Matters
A change in auditors can signal potential issues with financial reporting or a desire for a fresh perspective on the company's financial health.
Risk Assessment
Risk Level: medium — Changes in auditors can sometimes precede or coincide with financial restatements or other disclosures that may impact stock price.
Key Players & Entities
- OLB GROUP, INC. (company) — Registrant
- Citrin Cooperman & Company, LLP (company) — New Certifying Accountant
- WithumSmith+Brown, PC (company) — Former Certifying Accountant
- July 15, 2024 (date) — Date of Report
FAQ
Who is OLB Group's new independent registered public accounting firm?
OLB Group has appointed Citrin Cooperman & Company, LLP as its new independent registered public accounting firm.
Who was OLB Group's previous independent registered public accounting firm?
OLB Group's previous independent registered public accounting firm was WithumSmith+Brown, PC.
When was the change in certifying accountant effective?
The change in certifying accountant was effective as of July 15, 2024.
What is the filing date of this 8-K report?
This 8-K report was filed on July 19, 2024, reporting events as of July 15, 2024.
What is the principal executive office address for The OLB Group, Inc.?
The principal executive offices are located at 1120 Avenue of the Americas, Fourth Floor, New York, NY 10036.
Filing Stats: 844 words · 3 min read · ~3 pages · Grade level 14.7 · Accepted 2024-07-18 17:31:20
Key Financial Figures
- $0.0001 — nge on which registered Common Stock, $0.0001 par value OLB Nasdaq Capital Marke
Filing Documents
- ea0209540-8k_olb.htm (8-K) — 35KB
- ea020954001ex16-1_olb.htm (EX-16.1) — 3KB
- 0001213900-24-062631.txt ( ) — 211KB
- olb-20240715.xsd (EX-101.SCH) — 3KB
- olb-20240715_lab.xml (EX-101.LAB) — 33KB
- olb-20240715_pre.xml (EX-101.PRE) — 22KB
- ea0209540-8k_olb_htm.xml (XML) — 4KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 16.1 Letter to Securities and Exchange Commission from Mac Accounting Group & CPAs , LLP 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: July 17, 2024 THE OLB GROUP By: /s/ Ronny Yakov Name: Ronny Yakov Title: Chief Executive Officer 2