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Aegis Capital Corp. acted as Sole Bookrunner on a $6.45 Million Uplisting for OLB Group (NASDAQ: OLB)

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OLB Group has successfully completed a $6.45 million uplisting led by Aegis Capital Corp.. This uplisting will allow OLB Group, which specializes in payment facilitation and commerce services, to enhance its operations across the United States. The company provides comprehensive e-commerce solutions via its subsidiaries, including eVance, Omnisoft.io, and CrowdPay.us. This move is anticipated to strengthen its market position and drive growth in the small to medium-sized business sector.

Positive
  • Successful completion of a $6.45 million uplisting.
  • Increased operational capacity in the U.S. market.
  • Expansion of integrated e-commerce solutions through subsidiaries.
Negative
  • None.

NEW YORK, NY / ACCESSWIRE / August 12, 2020 / Aegis Capital Corp. acted as Sole Bookrunner on a $6.45 Million Uplisting for OLB Group (NASDAQ:OLB)

About OLB Group.

The OLB Group, Inc. is a payment facilitator and commerce service provider that delivers fully outsourced private label shopping solutions to highly trafficked websites and retail locations. We provide end-to-end e-commerce, mobile and retail solutions to customers. These services include electronic payment processing, cloud-based multi-channel commerce platform solutions for small to medium-sized businesses and crowdfunding services. The Company is focused on providing these integrated business solutions to merchants throughout the United States through three wholly-owned subsidiaries, eVance, Inc., Omnisoft.io, Inc., and CrowdPay.us, Inc.

About Aegis Capital Corp.

Aegis Capital Corporation ("Aegis") has been in the wealth management and investment banking business since 1984. Aegis is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis also provides research and sales and trading services to institutional investors. Aegis offers its investment representatives a conflict free service platform and is able to provide a full-range of products and services.

For more information about this offering or Investment Banking Services please email InvestmentBanking@aegiscap.com or call (212) 813-1010

www.aegiscapcorp.com

This communication has been prepared by Aegis Capital Corporation for distribution to Aegis Capital Corporation's clientele. This communication is not intended for public dissemination and the recipient is prohibited from sharing this information. This communication has been prepared for institutional - accounts, as defined within FINRA Rule 4512(c), who (1) are capable of evaluating investment risks independently, both in general and with regard to all transactions and investment strategies involving a security or securities; and (2) will exercise independent judgment in evaluating the recommendations of any broker - dealer or its associated persons. This communication is not a product of Aegis Capital Corporation Research Department. Aegis Capital Corporation., Member FINRA, SIPC

SOURCE: Aegis Capital Corp.



View source version on accesswire.com:
https://www.accesswire.com/601388/Aegis-Capital-Corp-acted-as-Sole-Bookrunner-on-a-645-Million-Uplisting-for-OLB-Group-NASDAQ-OLB

FAQ

What is the significance of the $6.45 million uplisting for OLB Group (NASDAQ:OLB)?

The uplisting allows OLB Group to enhance its market presence and operational capacity in the United States.

Who acted as the sole bookrunner for OLB Group's uplisting?

Aegis Capital Corp. acted as the sole bookrunner for OLB Group's $6.45 million uplisting.

What services does OLB Group provide?

OLB Group provides payment processing, cloud-based commerce solutions, and crowdfunding services for small to medium-sized businesses.

Which subsidiaries are part of OLB Group?

OLB Group's subsidiaries include eVance, Inc., Omnisoft.io, Inc., and CrowdPay.us, Inc.

How does the uplisting affect OLB Group's investors?

The uplisting is expected to strengthen OLB Group's market position, potentially benefiting investors by improving stock performance.

The OLB Group, Inc.

NASDAQ:OLB

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