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OLB GROUP, INC. Earnings Release 2020

Nov 13, 2020

35173_rns_2020-11-13_0d02030c-5ee7-4458-9748-f4a0ab116534.zip

Earnings Release

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8-K 1 ea129805-8k_theolbgroup.htm CURRENT REPORT

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 13, 2020

THE OLB GROUP, INC.

(Exact name of registrant as specified in its charter)

Delaware 000-52994 13-4188568
(State
or other jurisdiction of incorporation or organization) (Commission
File Number) (I.R.S.
Employer Identification Number)

| 200

Park Avenue, Suite 1700, New York, NY 10166
(Address
of principal executive offices) (Zip
Code)

Registrant’s telephone number, including area code: (212) 278-0900

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.0001 par value OLB Nasdaq Capital Market

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Item 2.02 Results of Operations and Financial Condition.

On November 13, 2020, The OLB Group, Inc. (the “Company”) issued a press release announcing the financial results and operational highlights for the third quarter ended September 30, 2020. A copy of the press release is furnished as Exhibit 99.1 to this current report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Description
99.1 Press release, dated November 13, 2020

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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: November 13, 2020

| THE

OLB GROUP
By: /s/
Ronny Yakov
Name: Title: Ronny
Yakov Chief Executive Officer

2

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