secwatch.observer — SEC 8-K summary
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Issuer:     AppTech Payments Corp. (APCX)
CIK:        0001070050
Form:       8-K
Filed at:   2023-10-16T23:59:59+00:00
Accession:  0001683168-23-007179
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AppTech Payments signs definitive agreement to acquire FinZeo for $2M cash, expected close by Oct 31
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- Acquires Alliance Partners (FinZeo) for $2M cash: $500K at close, $750K by Jan 7 2024, $750K by Apr 7 2024.
- Transaction expected to close by October 31, 2023, subject to customary closing conditions.
- Integration of FinZeo positions AppTech as a Payment Facilitator (PayFac) and enhances its Commerse platform.
- AppTech gains a seasoned team with 20+ years of payment processing sales experience and software development resources.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070050/000168316823007179/0001683168-23-007179-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070050/000168316823007179/apptech_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-007179

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