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DMINT, Inc., ("DMint" and the "Company") a wholly owned subsidiary of The OLB Group, Inc. (NASDAQ:OLB), a technology-driven digital asset mining company, today announced its intention to refile its Form S-1 Registration Statement with the U.S. Securities and Exchange Commission (SEC) to include audited financial statements for the quarter ended June 30, 2025. The Company will subsequently request the SEC to declare the registration statement effective.
Following SEC effectiveness subject to the SEC's discretion, DMint plans to complete the remaining steps in its Nasdaq Capital Market listing process, which the Company expects to consist of addressing a limited number of final comments. In response to shareholder inquiries regarding the spin-off and related corporate actions, DMint also provided an update on the anticipated timeline and expected stockholder benefits.
Shareholder Record Date and Stockholder Benefits
Upon Nasdaq clearance subject to the Nasdaq's discretion, DMint intends to set a shareholder record date for its planned distribution, under which each stockholder of record as of the record date is expected to receive pro rata shares in DMint.
The planned distribution is designed to align stockholder interests with the Company's growth strategy and provide direct participation in DMint's future performance.
Posted In: OLB
