---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-002963"
form_type: "8-K"
ticker: "APCX"
cik: "0001070050"
company_name: "AppTech Payments Corp."
filed_at: "2024-05-03T23:59:59+00:00"
generated_at: "2026-06-02T22:51:59.309345+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AppTech defers FinZeo acquisition payments; shares reissued to seller

## Summary
- Fourth Amendment defers remaining $1.2M cash purchase price; only $150k due June 21, 2024.
- Remaining payments triggered when AppTech generates $400k monthly revenue from FinZeo products or after 13 months from April 29, 2024.
- Seller receives 50,000 options with strike at closing price on amendment date.
- Board canceled 1M shares issued to seller's entity and reissued same number to seller directly.
- This is the fourth amendment to the Oct 2023 acquisition agreement; prior amendments also adjusted payment schedules.

## SEC filing metadata
- accession: 0001683168-24-002963
- form_type: 8-K
- ticker: APCX
- cik: 0001070050
- company_name: AppTech Payments Corp.
- filed_at: 2024-05-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070050/000168316824002963/0001683168-24-002963-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070050/000168316824002963/apptech_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-002963
- JSON: https://secwatch.observer/filing/0001683168-24-002963.json
- Plain text: https://secwatch.observer/filing/0001683168-24-002963.txt

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