{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-003963","form_type":"8-K","ticker":"APCX","cik":"0001070050","company_name":"AppTech Payments Corp.","filed_at":"2023-06-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.851356+00:00","generated_at":"2026-06-14T05:35:58.177482+00:00","sec_items":["1.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"AppTech terminates $2.2M strategic partnership with Infinios, pivots to proprietary tech","bullets":["Terminated Restated Agreements with Infinios; effective termination date under negotiation.","Gross total fees of $2.2M under agreements; ongoing maintenance and support fees eliminated.","Company will use its own proprietary technology for its CommerseTM Platform.","New partnership with Nasdaq-listed Nuvei to support GTM strategy in North America.","Exploring additional partnerships for BaaS solutions including peer-to-peer remittance."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-003963","json":"https://secwatch.observer/filing/0001683168-23-003963.json","markdown":"https://secwatch.observer/filing/0001683168-23-003963.md","text":"https://secwatch.observer/filing/0001683168-23-003963.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1070050/000168316823003963/0001683168-23-003963-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1070050/000168316823003963/apptech_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T05:35:58.177482+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2d61dbde4cbe768993c955b6da7e559b80555dec","claim":"AppTech Payments Corp. terminated Restated Agreements with Infinios Financial Services BSC valued at $2.2 million.","evidence_excerpt":"As of the Termination Date, the Restated Agreements will be terminated in their entirety and Infinios will not be entitled to any annual maintenance subscription fee or infrastructure support fee from the Company.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1070050/000168316823003963/0001683168-23-003963-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"license"},{"label":"Counterparty","value":"Infinios Financial Services BSC"},{"label":"Value","value":"$2.2 million"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}