8-K - OLB - Equibles

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): December 27, 2024

THE OLB GROUP, INC.

(Exact name of registrant as specified in its charter)

Delaware	001-39435	13-4188568
(State or other jurisdiction<br> of <br><br>incorporation or organization)	(Commission File Number)	(I.R.S. Employer <br><br>Identification<br> Number)
1120 Avenue of the Americas, 4^th^Floor , New York , NY ****	10036
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(Address of principal executive<br> 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<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐	Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐	Pre-commencement<br> communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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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<br> Capital Market

Item 5.07. Submission of Matters to a Vote of Security Holders.

At the Annual Meeting of Stockholders (the “Annual Meeting”) of The OLB Group, Inc. (the “Company”), commenced on December 27, 2024, the stockholders of the Company approved the election of directors and the three proposals listed below. Each outstanding share of Common Stock was entitled to one vote on the matters presented at the Annual Meeting and each share of Preferred Stock was entitled to 11.110 votes (for a total of 11,344 eligible votes) on the matters presented at the Annual Meeting. The final results for the votes regarding each proposal are set forth in the following tables. Each of these proposals is described in detail in the Company’s Proxy Statement.

1. Elect four members of the Board of Directors, each to serve for a one-year term:


Ronny Yakov	870,138	1,021	20,776	317,598
Amir Sternhell	862,098	1,021	28,816	317,598
Ehud Ernst	870,110	1,021	20,804	317,598
Alina Dulimof	862,968	1,021	27,946	317,598

2. Ratify the appointment by the Board of RBSM, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024:

COMMON SHARES<br><br> FOR	PREFERRED SHARES<br><br> FOR	COMMON SHARES<br><br> AGAINST	COMMON SHARES<br><br> ABSTAIN	COMMON SHARES<br><br> BROKER NON-VOTE
1,132,044	1,021	73,212	3,256	0

Approval of the Second Amended and Restated 2020 Share Incentive Plan, was as follows:

COMMON SHARES<br><br> FOR	PREFERRED SHARES<br><br> FOR	COMMON SHARES<br><br> AGAINST	COMMON SHARES<br><br> ABSTAIN	COMMON SHARES<br><br> BROKER NON-VOTE
862,120	1,021	28,298	496	317,598

Approval, on an advisory basis, the compensation of our named executive officers, was as follows:

COMMON SHARES<br><br> FOR	PREFERRED SHARES<br><br> FOR	COMMON SHARES<br><br> AGAINST	COMMON SHARES<br><br> ABSTAIN	COMMON SHARES<br><br> BROKER NON-VOTE
866,763	1,021	23,378	773	317,598

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: December 30, 2024

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