---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-001766"
form_type: "8-K"
ticker: "APCX"
cik: "0001070050"
company_name: "AppTech Payments Corp."
filed_at: "2024-03-27T23:59:59+00:00"
generated_at: "2026-06-04T06:57:20.571436+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# AppTech Payments Corp. closes public offering of 2M shares at $1.00, net proceeds ~$1.8M

## Summary
- Offering of 2,000,000 common shares at $1.00 per share; trade symbol APCX.
- Underwriters granted 45-day option to purchase up to 300,000 additional shares at same price.
- Net proceeds approximately $1.8 million ($2.1 million if over-allotment exercised in full).
- Proceeds to be used for integration of existing business, working capital, and general corporate purposes.
- Offering closed on March 27, 2024.

## SEC filing metadata
- accession: 0001683168-24-001766
- form_type: 8-K
- ticker: APCX
- cik: 0001070050
- company_name: AppTech Payments Corp.
- filed_at: 2024-03-27T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070050/000168316824001766/0001683168-24-001766-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070050/000168316824001766/apptech_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-001766
- JSON: https://secwatch.observer/filing/0001683168-24-001766.json
- Plain text: https://secwatch.observer/filing/0001683168-24-001766.txt

## Key facts
- Material Agreements
  AppTech Payments Corp. entered into Underwriting Agreement with EF Hutton LLC valued at approximately $1.8 million (effective 2024-03-26).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: EF Hutton LLC
  - Value: approximately $1.8 million
  - Effective: 2024-03-26
  source text: On March 26, 2024, AppTech Payments Corp. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with EF Hutton LLC, as representative of the several underwriters named in Schedule 1 thereto (the “Underwriters”), relating to the public offering of 2,000,000 shares of common stock, par value $0.001 per share (“Common Stock”), at a purchase price per share to the public of $1.00 (the “Offering Price”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070050/000168316824001766/0001683168-24-001766-index.htm

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