About investorolb

This author has not yet filled in any details.
So far investorolb has created 154 blog entries.

How will fractional common shares and Class A shares be treated in the Spin-Off Distribution?

2025-01-09T12:29:07-05:00January 9th, 2025|

Fractional common shares and Class A shares will not be distributed. Instead, for registered shareholders, the distribution agent will aggregate fractional common shares into whole shares, sell such whole shares in the open market at prevailing rates promptly after our common shares commence trading on NASDAQ, and distribute the net cash proceeds from the sales, [...]

How will I receive DMINT common shares and Class A shares?

2025-01-09T12:28:11-05:00January 9th, 2025|

OLB will deliver 100% of the issued and outstanding common shares and Class A shares to the distribution agent. Transfer Online, Inc. will serve as distribution agent in connection with the Spin-Off Distribution and as transfer agent and registrar for DMINT common shares and Class A shares. See “Business – Mechanics of the Spin-Off Distribution.”

What are the U.S. federal income tax consequences to me of the Spin-Off Distribution?

2025-01-09T12:26:05-05:00January 9th, 2025|

We believe that the Spin-Off Distribution generally will be taxable to our shareholders for U.S. federal income tax purposes. See “Tax Considerations – U.S. Federal Income Tax Treatment of the Spin-Off Distribution’’ below. For U.S. federal income tax purposes, our distribution of common shares and Class A shares and cash in lieu of fractional shares [...]

What are the reasons for the Spin-Off Distribution?

2025-01-09T12:02:29-05:00January 9th, 2025|

OLB is currently a FinTech company that focuses on a suite of products in the merchant services and payment facilitator verticals and seeks to provide integrated business solutions to merchants throughout the United States. In addition, in 2021, it began to explore Bitcoin mining as a separate business segment. The separation began with the formation [...]

What are the DMINT common shares and Class A shares worth?

2025-01-09T12:01:20-05:00January 9th, 2025|

The value of our common shares will be determined by their trading price after the Spin-Off Distribution. The value of the Class A shares shall be valued the same as the common shares due to the fact that they will convert into common shares automatically on the 180-day anniversary of the Distribution Date. We do [...]

Go to Top