STOCK TITAN

Armistice Capital (OLB) reports 1.39M shares, 9.99% stake

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

THE OLB GROUP, INC. disclosure: Armistice Capital, LLC and Steven Boyd report beneficial ownership of 1,387,983 shares of Common Stock, equal to 9.99% of the class as of 03/31/2026. The filing states Armistice Capital, as investment manager to Armistice Capital Master Fund Ltd., exercises voting and investment power over the shares held by the Master Fund.

The document is a joint Schedule 13G signed by Steven Boyd on 05/15/2026, listing shared voting and dispositive power of 1,387,983 shares. The Master Fund is identified as the direct holder; it disclaims legal ownership by reason of the Investment Management Agreement.

Positive

  • None.

Negative

  • None.

Insights

Armistice reports a passive large stake of 9.99% in OLB as of 03/31/2026.

Armistice Capital, via its Master Fund, is listed as holding 1,387,983 shares with shared voting and dispositive power. The filing is presented on a Schedule 13G, which typically indicates passive or qualifying institutional ownership rather than an activist intent.

Key dependencies include the Investment Management Agreement that gives Armistice voting and investment power and the Master Fund’s legal disclaimer of direct beneficial ownership. Subsequent amendments or conversions would appear in later SEC filings.

Filing structure and attribution follow Schedule 13G conventions and include a joint filing statement.

The statement attributes shared power to Armistice Capital and to Steven Boyd as managing member, and includes the Master Fund as the direct holder entitled to proceeds or dividends. The disclosure notes the Master Fund's right to receive proceeds as required by Item 6.

Investors should note the date anchors: ownership reported as of 03/31/2026 and signatures dated 05/15/2026. Future ownership changes would be reported through amendments.

Shares beneficially owned 1,387,983 shares reported as of <date>03/31/2026</date>
Percent of class 9.99% percent of common stock
Form type Schedule 13G joint filing by Armistice Capital and Steven Boyd
CUSIP 67086U406 THE OLB GROUP Common Stock
Signature date 05/15/2026 filing signed by Steven Boyd
Schedule 13G regulatory
"joint filing statement and ownership disclosure lines"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Investment Management Agreement financial
"Master Fund disclaims ownership due to its Investment Management Agreement"
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.
Beneficial ownership regulatory
"Amount beneficially owned: 1,387,983 (Item 4)"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.





67086U406

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Armistice Capital, LLC
Signature:/s/ Steven Boyd
Name/Title:Steven Boyd - Managing Member
Date:05/15/2026
Steven Boyd
Signature:/s/ Steven Boyd
Name/Title:Steven Boyd
Date:05/15/2026
Exhibit Information

JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on Schedule 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Dated: May 15, 2026 Armistice Capital, LLC By: /s/ Steven Boyd Steven Boyd - Managing Member Steven Boyd By: /s/ Steven Boyd

FAQ

What stake does Armistice Capital report in OLB (OLB)?

Armistice Capital reports beneficial ownership of 1,387,983 shares, representing 9.99% of common stock. The amount is reported on a Schedule 13G as of 03/31/2026, with signatures dated 05/15/2026.

Who is the direct holder of the shares reported for OLB?

The direct holder is Armistice Capital Master Fund Ltd., which is the investment advisory client. Armistice Capital exercises voting and investment power under an Investment Management Agreement.

Does the filing show who controls voting or disposition of the shares?

The filing reports shared voting power and shared dispositive power of 1,387,983 shares held by Armistice Capital/Master Fund; sole voting and sole dispositive powers are reported as zero.

What type of SEC filing is this for OLB?

This is a Schedule 13G joint filing by Armistice Capital and Steven Boyd, used to report passive or qualifying institutional ownership of a >5% stake in the issuer.