---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-004806"
form_type: "8-K"
ticker: "APCX"
cik: "0001070050"
company_name: "AppTech Payments Corp."
filed_at: "2024-07-12T23:59:59+00:00"
generated_at: "2026-05-31T20:56:12.507133+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# AppTech raises $1M via 6% convertible debenture with warrant coverage

## Summary
- Closed $1.1M principal 6% convertible debenture sold at $1M (10% OID); net proceeds ~$960K after fees.
- Conversion price $1.07 per share; warrant for 750K shares at $1.16, 5-year term.
- Issued 100K commitment shares to investor and designee; registration rights filed within 30 days.
- Debenture matures in 12 months; redeemable at 110% of principal plus accrued interest.
- Beneficial ownership cap of 4.99% (can increase to 9.99% with 61 days notice).

## SEC filing metadata
- accession: 0001683168-24-004806
- form_type: 8-K
- ticker: APCX
- cik: 0001070050
- company_name: AppTech Payments Corp.
- filed_at: 2024-07-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070050/000168316824004806/0001683168-24-004806-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070050/000168316824004806/apptech_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-004806
- JSON: https://secwatch.observer/filing/0001683168-24-004806.json
- Plain text: https://secwatch.observer/filing/0001683168-24-004806.txt

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