The OLB ([[OLB]] +3.1%) completed an early payoff of its $7.7M acquisition-related senior term loan originated in April 2018 which will lead to ~$0.72M savings in interest annually and release the company from related restrictive covenants on the business.For terminating debt obligations, 40K warrants related to the financing were also cancelled.

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OLB closes loan payoff related to acquisition financing