---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-016855"
form_type: "8-K"
ticker: "APYP"
cik: "0001568969"
company_name: "APPYEA, INC"
filed_at: "2025-10-03T23:59:59+00:00"
generated_at: "2026-05-17T04:45:02.285600+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AppYea enters consulting agreements with CEO and Chairman; issues 1.28B shares at $0.0001

## Summary
- Monthly fee of $30,000 each to Yakir Abadi (CEO) and Eldar Grady (Executive Chairman), retroactive to Aug 12, 2025, for 3-year term.
- Severance equal to 36 months' base fee if terminated without cause or after change of control.
- Each consultant purchased 638,961,306 shares at $0.0001/share, totaling ~1.28 billion shares, contingent on authorized share increase.
- Anti-dilution protection up to $7M of value received; additional shares issued quarterly to maintain ownership percentage.
- Appointments of Abadi as CEO and Grady as Executive Chairman previously disclosed but now formalized.

## SEC filing metadata
- accession: 0001493152-25-016855
- form_type: 8-K
- ticker: APYP
- cik: 0001568969
- company_name: APPYEA, INC
- filed_at: 2025-10-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1568969/000149315225016855/0001493152-25-016855-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1568969/000149315225016855/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-016855
- JSON: https://secwatch.observer/filing/0001493152-25-016855.json
- Plain text: https://secwatch.observer/filing/0001493152-25-016855.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.