OLB Group Reports Successful Results from Annual Meeting

The OLB Group, Inc. (NASDAQ: OLB) recently conducted its Annual Meeting of Stockholders on December 27, 2024, where shareholders voted on various proposals. At the meeting, shareholders approved the election of directors and other key matters.

In the first proposal, shareholders voted to elect four board members, each to serve for a one-year term. The results of the vote showed substantial support for the candidates Ronny Yakov, Amir Sternhell, Ehud Ernst, and Alina Dulimof.

The second proposal involved the ratification of the appointment of RBSM, LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024. The vote in favor of this decision displayed overwhelming shareholder support.

The third proposal sought approval of the Second Amended and Restated 2020 Share Incentive Plan, which also received significant backing from the shareholders.

Lastly, shareholders voted on an advisory basis to approve the compensation of named executive officers, with the decision garnering strong support.

The results for each proposal were detailed in the Company’s Proxy Statement, providing transparency and clarity to shareholders regarding the voting outcomes.

The OLB Group, an emerging growth company, continues to engage with its shareholders and reinforce its governance structure through such annual meetings. The positive outcomes of these crucial votes reflect investor confidence in the company’s direction and leadership.

For more detailed information on the voting results and key proposals, interested parties can refer to the official filing with the Securities and Exchange Commission (SEC) by The OLB Group following the Annual Meeting.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read The OLB Group’s 8K filing here.

About The OLB Group

The OLB Group, Inc is a diversified fintech e-commerce merchant services provider and Bitcoin crypto mining enterprise. The Company’s eCommerce platform delivers e-commerce services for a digital commerce solution to over 10,500 merchants in all 50 states. The Company’s wholly owned subsidiary, DMINT, Inc, is engaged in the mining of Bitcoin utilizing low carbon natural gas with over 1,000 application-specific integrated circuit (ASIC)-based S19j Pro 96T mining computers.