DMint, Inc., a Subsidiary of OLB Group, Inc. will refile its S-1 with Financials from Q2 2025, Paving the Way for Nasdaq Clearance
DMint (NASDAQ:OLB), a subsidiary of OLB Group, announced plans to refile its Form S-1 Registration Statement with updated Q2 2025 financials. The company aims to complete its Nasdaq Capital Market listing process following SEC effectiveness.
Upon Nasdaq clearance, DMint will establish a record date for a planned distribution where stockholders will receive pro rata shares in DMint. Additionally, the company's Board has approved a new digital asset investment strategy to complement its existing bitcoin mining operations, with details to be announced in future communications.
DMint (NASDAQ:OLB), controllata di OLB Group, ha annunciato l'intenzione di ripresentare la propria dichiarazione di registrazione Form S-1 con i dati finanziari aggiornati del secondo trimestre 2025. La societ脿 mira a completare il processo di quotazione sul Nasdaq Capital Market una volta ottenuta l'efficacia da parte della SEC.
Dopo il via libera del Nasdaq, DMint stabilir脿 un record date per una distribuzione pianificata tramite la quale gli azionisti riceveranno azioni pro rata di DMint. Inoltre, il Consiglio di Amministrazione ha approvato una nuova strategia di investimento in asset digitali a complemento delle attuali attivit脿 di mining di bitcoin; i dettagli saranno comunicati in seguito.
DMint (NASDAQ:OLB), filial de OLB Group, anunci贸 su intenci贸n de volver a presentar su declaraci贸n de registro Form S-1 con los estados financieros actualizados del segundo trimestre de 2025. La compa帽铆a pretende completar el proceso de cotizaci贸n en el Nasdaq Capital Market tras la efectividad por parte de la SEC.
Una vez que Nasdaq d茅 su aprobaci贸n, DMint fijar谩 una fecha de registro para una distribuci贸n planificada en la que los accionistas recibir谩n acciones prorrateadas de DMint. Adem谩s, la Junta Directiva aprob贸 una nueva estrategia de inversi贸n en activos digitales para complementar sus operaciones de miner铆a de bitcoin, cuyos detalles se anunciar谩n m谩s adelante.
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DMint (NASDAQ:OLB), filiale du groupe OLB, a annonc茅 son intention de red茅poser sa d茅claration d'enregistrement Form S-1 avec les 茅tats financiers mis 脿 jour du deuxi猫me trimestre 2025. La soci茅t茅 vise 脿 finaliser le processus d'inscription sur le Nasdaq Capital Market apr猫s la prise d'effet par la SEC.
Une fois l'approbation du Nasdaq obtenue, DMint fixera une date d'enregistrement pour une distribution pr茅vue au cours de laquelle les actionnaires recevront des actions au prorata de DMint. De plus, le conseil d'administration a approuv茅 une nouvelle strat茅gie d'investissement en actifs num茅riques pour compl茅ter ses activit茅s de minage de bitcoin; les d茅tails seront communiqu茅s ult茅rieurement.
DMint (NASDAQ:OLB), eine Tochtergesellschaft der OLB Group, hat angek眉ndigt, ihre Form S-1-Registrierungserkl盲rung mit den aktualisierten Finanzzahlen f眉r das 2. Quartal 2025 erneut einzureichen. Das Unternehmen strebt an, den Notierungsprozess am Nasdaq Capital Market nach Wirksamkeitserkl盲rung durch die SEC abzuschlie脽en.
Nach der Freigabe durch Nasdaq wird DMint ein Stichtag f眉r eine geplante Aussch眉ttung festlegen, bei der die Aktion盲re anteilige Aktien (pro rata) von DMint erhalten. Zudem hat der Verwaltungsrat eine neue Investitionsstrategie f眉r digitale Verm枚genswerte genehmigt, die die bestehenden Bitcoin-Mining-Aktivit盲ten erg盲nzen soll; Details werden zu einem sp盲teren Zeitpunkt bekanntgegeben.
- Planned distribution of pro rata shares to stockholders upon Nasdaq clearance
- Strategic expansion into broader digital asset investments beyond bitcoin mining
- Progress towards independent Nasdaq listing
- Timing uncertainty dependent on SEC effectiveness and Nasdaq approval
- Additional regulatory requirements with updated Q2 2025 financials needed
Insights
DMint's S-1 refiling with Q2 2025 financials advances its Nasdaq listing process, with shareholder distribution pending final approvals.
DMint's announcement to refile its S-1 Registration Statement represents a standard procedural step in the regulatory pathway toward becoming a publicly-traded entity separate from its parent company. The inclusion of Q2 2025 audited financials suggests the company is updating its disclosure materials to meet SEC requirements for currency of financial information, which typically must be no more than 135 days old at the effective date. The company appears to be in the later stages of the SEC review process, expecting only "a limited number of final comments" before effectiveness.
From a securities regulation perspective, this planned spin-off transaction has several important elements. The pro rata distribution to existing OLB shareholders would likely be structured as a tax-free spin-off under Section 355 of the Internal Revenue Code, though the company hasn't explicitly confirmed the tax treatment. The establishment of a record date - which determines which shareholders are eligible to receive DMint shares - is contingent upon both SEC effectiveness and Nasdaq approval, creating a dual regulatory hurdle.
The planned expansion into digital asset investments beyond bitcoin mining suggests a broadening of business strategy that will require careful disclosure in the S-1 regarding risk factors and use of proceeds. This diversification could trigger additional regulatory scrutiny, particularly given the evolving regulatory landscape surrounding digital assets. Investors should note that despite the optimistic tone, the press release contains appropriate conditional language ("subject to the SEC's discretion" and "subject to the Nasdaq's discretion") acknowledging that regulatory approval remains uncertain.
NEW YORK CITY, NY / / August 14, 2025 / 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.
"Refiling our S-1 with updated financials is an important milestone on our path to the public markets," said Ronny Yakov, Chief Executive Officer of DMint. "We are in the final stages of the process and are focused on completing the remaining Nasdaq review so that we may move forward with our planned Nasdaq listing, establish the record date, and deliver the anticipated distribution to our stockholders."
The timing of the record date, listing, and distribution remains subject to SEC effectiveness, Nasdaq approval, and prevailing market conditions.
Strategic Expansion in Digital Assets
DMint also announced that its Board of Directors has approved the identification and pursuit of a digital asset investment strategy to complement the Company's existing bitcoin mining operations. This initiative is intended to broaden the Company's exposure across the digital asset ecosystem and enhance potential returns for stockholders. DMint expects to provide additional details on target asset classes, risk parameters, and strategic allocation in upcoming communications.
About DMint, Inc.
DMint, Inc. is building a large-scale bitcoin mining operation in the United States with a focus on achieving one of the lowest energy cost profiles in the industry. The Company is expanding its footprint by increasing mining hash rate and infrastructure capacity to drive operating efficiency and scale.
About OLB Group, Inc.
The OLB Group, Inc. is a diversified Fintech eCommerce merchant services provider and Bitcoin mining enterprise. The Company's eCommerce platform delivers cloud-based merchant services for a comprehensive digital commerce solution to merchants in all 50 states. In addition, through its ownership of the MOOLA Cloud and Black 011 platform, OLB Group can provide its services to an additional network of 31,600 convenient stores and bodegas in the United States. DMint, a wholly owned subsidiary of OLB Group, is engaged in the mining of Bitcoin in a facility in Tennessee utilizing sustainable hydroelectric and solar power.
Forward-Looking Statements
This press release contains forward-looking statements, including, but not limited to, statements regarding the anticipated refiling of the Form S-1, SEC review and effectiveness, Nasdaq clearance and listing, the expected setting of a shareholder record date, the planned distribution, timing of anticipated events, and the Company's digital asset investment strategy. Forward-looking statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those described. These risks and uncertainties include, among others, the outcome and timing of SEC and Nasdaq processes, market conditions, operational and financial performance, and other risk factors described in the Company's filings with the SEC. DMint undertakes no obligation to update forward-looking statements except as required by law.
Contact
Investor Relations
DMint, Inc. (a wholly owned subsidiary of The OLB Group, Inc.)
212-278-0900 EXT 333
[email protected]
SOURCE: The OLB Group, Inc.
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FAQ
What is DMint's plan for Nasdaq listing and when will it happen?
How will OLB shareholders benefit from DMint's planned distribution?
What is DMint's new digital asset strategy?
What are the key requirements for DMint's S-1 registration to become effective?
Who is eligible for DMint's share distribution?
