AppTech Payments Corp. (APCX): Nasdaq/NYSE listing notice — AppTech Payments delisted from Nasdaq to OTCQB; Chairman and President resign

AppTech Payments Corp.

Nasdaq notified AppTech of delisting due to noncompliance with Listing Rule 5550(a)(2); trading suspended May 20, 2025.
Common stock and warrants approved for OTCQB quotation under same symbols APCX and APCXW starting May 20.
Chairman Luke D'Angelo resigned as Chairman and employee on May 19, 2025; no disagreement cited.
President & COO Virgilio Llapitan resigned as President, COO & Director on May 19, 2025; no disagreement cited.
Replacements for both positions have not been determined.

item 3.01 item 5.02

Executive movements

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Departed

Luke D'Angelo

Chairman of the Board of Directors

APCX · AppTech Payments Corp.

Effective: 2025-05-19
Filed: May 19, 2025, 7:59 PM ET

On May 19, 2025, Luke D’Angelo resigned as Chairman of the Company’s Board of Directors and as an employee of AppTech Payments Corp.

Departed

Virgilio Llapitan

President, Chief Operating Officer & Director

APCX · AppTech Payments Corp.

Effective: 2025-05-19
Filed: May 19, 2025, 7:59 PM ET

On May 19, 2025, Virgilio Llapitan resigned as President, Chief Operating Officer & Director of AppTech Payments Corp.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

AppTech Payments Corp. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

May 16, 2025, the Company was notified by The Nasdaq Stock Market LLC (“ Nasdaq ”) that as a result of the Company’s previously disclosed noncompliance with Nasdaq Listing Rule 5550(a)(2), Nasdaq has determined to delist the Company’s common stock and warrants from the Nasdaq Capital Market and, accordingly, will suspend trading in the Company’s common stock and warrants effective at the open of business, on May 20, 2025. Nasdaq further indicated that it would file a Form 25 Notification of Delisting with the Securities and Exchange Commission (the “ SEC ”). The Company has applied and been ap

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Luke D'Angelo resigned as Chairman of the Board of Directors at AppTech Payments Corp..

Action: resigned
Role: Chairman of the Board of Directors

Exact text from the filing

On May 19, 2025, Luke D’Angelo resigned as Chairman of the Company’s Board of Directors and as an employee of AppTech Payments Corp.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Virgilio Llapitan resigned as President, Chief Operating Officer & Director at AppTech Payments Corp..

Action: resigned
Role: President, Chief Operating Officer & Director

Exact text from the filing

On May 19, 2025, Virgilio Llapitan resigned as President, Chief Operating Officer & Director of AppTech Payments Corp.

View on SEC.gov

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AppTech Payments Corp. filing history →

Source: SEC EDGAR

accession 0001683168-25-003828

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