---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-007357"
form_type: "8-K"
ticker: "APCX"
cik: "0001070050"
company_name: "AppTech Payments Corp."
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T13:17:52.494376+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AppTech Payments raises $3.5M in registered direct offering of common stock and warrants

## Summary
- Gross proceeds ~$3.5M from 1,666,667 shares and 1,666,667 warrants at $2.10 per unit.
- Net proceeds ~$3.2M after placement agent fees and expenses.
- Proceeds to fund acquisition of Alliance Partners, LLC and for working capital.
- Warrants exercisable at $2.74 per share for 5 years from issuance.
- Offering expected to close October 26, 2023; Titan Partners Group acted as placement agent.

## SEC filing metadata
- accession: 0001683168-23-007357
- form_type: 8-K
- ticker: APCX
- cik: 0001070050
- company_name: AppTech Payments Corp.
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070050/000168316823007357/0001683168-23-007357-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070050/000168316823007357/apptech_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-007357
- JSON: https://secwatch.observer/filing/0001683168-23-007357.json
- Plain text: https://secwatch.observer/filing/0001683168-23-007357.txt

## Key facts
- Material Agreements
  AppTech Payments Corp. entered into "Placement Agent Agreement" with Titan Partners Group LLC, a division of American Capital Partners (effective 2023-10-24).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Titan Partners Group LLC, a division of American Capital Partners
  - Effective: 2023-10-24
  source text: On October 24, 2023, the Company also entered into a placement agent agreement (the “ Placement Agent Agreement ”) with Titan Partners Group LLC, a division of American Capital Partners (the “ Placement Agent ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070050/000168316823007357/0001683168-23-007357-index.htm
- Material Agreements
  AppTech Payments Corp. amended "Warrant Amendment" with the holder of 1,666,667 warrants issued to the purchaser pursuant to the securities purchase agreement, dated January 30, 2023 (effective 2023-10-24).
  - Action: amendment
  - Agreement: equity purchase
  - Counterparty: the holder of 1,666,667 warrants issued to the purchaser pursuant to the securities purchase agreement, dated January 30, 2023
  - Effective: 2023-10-24
  source text: In connection with the Purchase Agreement, the Company entered into an amendment to common stock purchase warrant (the “ Warrant Amendment ”) with the holder of 1,666,667 warrants issued to the purchaser pursuant to the securities purchase agreement, dated January 30, 2023, by and between the Company and a certain institutional investor.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070050/000168316823007357/0001683168-23-007357-index.htm
- Material Agreements
  AppTech Payments Corp. entered into "Purchase Agreement" with a certain institutional investor valued at approximately $3.5 million (effective 2023-10-24).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: a certain institutional investor
  - Value: approximately $3.5 million
  - Effective: 2023-10-24
  source text: On October 24, 2023, AppTech Payments Corp., a Delaware Corporation (the “ Company ”), entered into a securities purchase agreement (the “ Purchase Agreement ”) with a certain institutional investor (the “ Purchaser ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070050/000168316823007357/0001683168-23-007357-index.htm

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