Armistice Capital (OLB) discloses 1.53M-share, 8.58% holding in The OLB Group
Rhea-AI Filing Summary
Armistice Capital, LLC and Steven Boyd report beneficial ownership of common stock of The OLB Group, Inc. on an amended Schedule 13G. They report beneficial ownership of 1,531,152 shares of common stock, representing 8.58% of the outstanding class as of June 30, 2026.
The reporting persons have shared voting and dispositive power over all 1,531,152 shares and no sole voting or dispositive power. The shares are directly held by Armistice Capital Master Fund Ltd., for which Armistice Capital serves as investment manager under an Investment Management Agreement.
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Key Figures
Beneficially owned shares: 1,531,152 shares
Percent of class: 8.58%
Shared voting power: 1,531,152 shares
+3 more
6 metrics
Beneficially owned shares
1,531,152 shares
Common stock of The OLB Group, Inc. beneficially owned as of June 30, 2026
Percent of class
8.58%
Percentage of OLB common stock class beneficially owned by the reporting persons
Shared voting power
1,531,152 shares
Shares over which the reporting persons have shared power to vote or direct the vote
Shared dispositive power
1,531,152 shares
Shares over which the reporting persons have shared power to dispose or direct disposition
CUSIP
67086U406
CUSIP number for The OLB Group, Inc. common stock
Ownership reporting date
06/30/2026
Date as of which beneficial ownership information is reported
Key Terms
beneficially own, shared voting power, shared dispositive power, Investment Management Agreement, +1 more
5 terms
beneficially own financial
"may be deemed to beneficially own the securities of the Issuer"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Investment Management Agreement financial
"pursuant to an Investment Management Agreement, Armistice Capital exercises voting"
An investment management agreement is a written contract that hires a professional to make buying, selling and strategy decisions for an investment account or fund, and sets out their duties, fees, risk limits, performance measures and reporting requirements. It matters to investors because the agreement determines who controls the money, how much the service costs, what risks are allowed, and how success or failure is measured—think of it as the service contract that defines expectations and remedies for a hired portfolio manager.
Cayman Islands exempted company financial
"The Master Fund, a Cayman Islands exempted company that is an investment"
A Cayman Islands exempted company is a legal entity incorporated under Cayman Islands law that is set up to do business mainly outside the islands; it offers flexible rules, limited local reporting and tax neutrality. For investors, it matters because the company’s legal protections, shareholder rights, disclosure requirements and tax treatment follow Cayman law rather than the investor’s home jurisdiction, which can affect governance, transparency and how easy it is to enforce claims—think of it like a car registered in another state for legal and tax reasons.
FAQ
What percentage of THE OLB GROUP, INC. (OLB) does Armistice Capital report owning?
Armistice Capital and Steven Boyd report beneficial ownership of 8.58% of The OLB Group, Inc.’s common stock, representing 1,531,152 shares as of June 30, 2026, with shared voting and dispositive power over all reported shares.
Who are the reporting persons on this Schedule 13G/A for OLB?
The reporting persons are Armistice Capital, LLC and Steven Boyd. Armistice Capital is investment manager to Armistice Capital Master Fund Ltd., the direct holder of the shares, and Boyd is Armistice Capital’s managing member, giving them shared voting and investment power.
What role does Armistice Capital Master Fund Ltd. play in the OLB ownership structure?
Armistice Capital Master Fund Ltd. is the direct holder of the 1,531,152 OLB shares. It is an investment advisory client of Armistice Capital and has the right to receive dividends or sale proceeds from the reported securities under the Investment Management Agreement.
AI-generated analysis. How Rhea-AI works. Not financial advice.