12:02 PM EDT, 05/20/2024 (MT Newswires) -- OLB Group ( OLB ) said Monday the Nasdaq Stock Market notified the company Friday that it had regained compliance with the exchange's minimum bid price requirement for continued listing.

The company regained compliance after the closing bid price for its common stock had been at $1 per share or greater for the past 10 consecutive business days, according to a filing with the US Securities and Exchange Commission.

OLB said it received a letter of noncompliance in May 2023, according to the filing.

The company's shares were down 1.8% in recent trading.

Price: 4.63, Change: -0.08, Percent Change: -1.76