OLB Group Files Definitive Proxy Statement

TL;DR

OLB Group filed its proxy statement - shareholders vote soon.

AI Summary

The OLB Group, Inc. filed a Definitive Proxy Statement (DEF 14A) on December 2, 2024, for its fiscal year ending December 31, 2024. The filing, with accession number 0001213900-24-104589, pertains to the company's proxy materials, which are required for shareholder meetings and voting.

Why It Matters

This filing is crucial for shareholders as it contains important information regarding upcoming shareholder votes, director elections, and executive compensation, influencing corporate governance.

Risk Assessment

Risk Level: low — A DEF 14A filing is a standard regulatory document and does not inherently represent a change in the company's risk profile.

Key Numbers

• 20241202 — Filing Date (Indicates when the definitive proxy statement was submitted to the SEC.)
• 20241227 — Report Period End Date (Specifies the end date for the period covered by the proxy statement.)

Key Players & Entities

• OLB GROUP, INC. (company) — Registrant
• 0001213900-24-104589 (filing_id) — Accession Number
• 1120 AVENUE OF THE AMERICAS (address) — Business and Mail Address

FAQ

Key Financial Figures

• $0.0001 — d shares of our common stock, par value $0.0001 per share (“ Common Stock ”

Filing Documents

• ea0221700-def14a_olbgroup.htm (DEF 14A) — 455KB
• image_001.jpg (GRAPHIC) — 55KB
• image_002.jpg (GRAPHIC) — 65KB
• 0001213900-24-104589.txt ( ) — 621KB

From the Filing

DEF 14A 1 ea0221700-def14a_olbgroup.htm DEFINITIVE PROXY STATEMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as Permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Solicitation Material Pursuant to Rule 14a-11(c) or rule 14a-12 The OLB Group, Inc. (Name of Registrant as Specified in its Charter) (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. THE OLB GROUP, INC. 1120 Avenue of the Americas, Fourth Floor New York, New York 10036 To the Stockholders of The OLB Group, Inc.: You are cordially invited to attend the 2024 Annual Meeting of Stockholders (the “ Annual Meeting ”) of The OLB Group, Inc. (the “ Company ”) to be held virtually at http://www.virtualshareholdermeeting.com/OLB2024 on December 27, 2024 at 10:00 a.m. Eastern Time, for the following purposes: 1. To elect Alina Dulimof, Ronny Yakov, Amir Sternhell and Ehud Ernst as directors (the “ Director Nominees ”) to serve on the Company’s Board of Directors (the “ Board ”) for a one-year term that expires at the 2025 Annual Meeting of Stockholders, or until their successors are elected and qualified; 2. To ratify the appointment by the Board of RBSM, LLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024; 3. To approve the Second Amended and Restated 2020 Share Incentive Plan (the “ New Plan ”); 4. To approve, on an advisory basis, the compensation of our named executive officers as described in this proxy statement; and 5. To transact such other business as may properly come before the Annual Meeting or any adjournment thereof. THE BOARD UNANIMOUSLY RECOMMENDS A VOTE “FOR” THE ELECTION OF EACH OF THE DIRECTOR NOMINEES, “FOR” THE RATIFICATION OF THE APPOINTMENT OF THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2024, “FOR” the approval of the NEW PLAN and “FOR” approval, on an advisory basis, OF the compensation of our named executive officers as described in this proxy statement. The Board has fixed the close of business on November 8, 2024 as the record date (the “ Record Date ”) for the determination of stockholders entitled to notice of, and to vote at, the Annual Meeting or any postponement or adjournment thereof. Accordingly, only stockholders of record at the close of business on the Record Date are entitled to notice of, and shall be entitled to vote at, the Annual Meeting or any postponement or adjournment thereof. Your vote is important. You are requested to carefully read the Proxy Statement and accompanying Notice of Annual Meeting for a more complete statement of matters to be considered at the Annual Meeting. IMPORTANT WHETHER OR NOT YOU EXPECT TO ATTEND THE ANNUAL MEETING, PLEASE READ THE PROXY STATEMENT AND PROMPTLY VOTE YOUR PROXY VIA THE INTERNET, BY TELEPHONE OR, IF YOU RECEIVED A PRINTED FORM OF PROXY IN THE MAIL, BY COMPLETING, DATING, SIGNING AND RETURNING THE ENCLOSED PROXY IN ORDER TO ASSURE REPRESENTATION OF YOUR SHARES AT THE ANNUAL MEETING. YOUR PROXY, GIVEN THROUGH THE RETURN OF THE PROXY CARD, MAY BE REVOKED PRIOR TO ITS EXERCISE BY FILING WITH OUR CORPORATE SECRETARY PRIOR TO THE ANNUAL MEETING A WRITTEN NOTICE OF REVOCATION OR A DULY EXECUTED PROXY BEARING A LATER DATE, OR BY VIRTUALY ATTENDING THE ANNUAL MEETING AND VOTING. IF YOU HAVE ALREADY VOTED OR DELIVERED YOUR PROXY FOR THE ANNUAL MEETING, YOUR VOTE WILL BE COUNTED, AND YOU DO NOT HAVE TO VOTE YOUR SHARES AGAIN. IF YOU WISH TO CHANGE YOUR VOTE, YOU SHOULD REVOTE YOUR SHARES. THE PROXY STATEMENT, OUR FORM OF PROXY CARD, AND OUR ANNUAL REPORT ON FORM 10-K FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 ARE AVAILABLE ON THE INTERNET AT WWW.olb.com/public-fillings OR AT THE SEC’S WEBSITE AT HTTP://WWW.SEC.GOV. YOU WILL NEED TO USE THE CONTROL NUMBER APPEARING ON YOUR PROXY CARD TO VOTE PRIOR TO OR AT THE ANNUAL MEETING. THE OLB GROUP, INC. 1120 Avenue of the Americas, Fourth Floor New York, New York 10036 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS November 29, 2024 To the Stockholders of The OLB Group, Inc.: You are cordially invited to attend the 2024 Annual Meeting of Stockholders (the “ Annual Meeting &rdquo

View Full Filing

View this DEF 14A filing on SEC EDGAR