---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-003828"
form_type: "8-K"
ticker: "APCX"
cik: "0001070050"
company_name: "AppTech Payments Corp."
filed_at: "2025-05-19T23:59:59+00:00"
generated_at: "2026-05-21T01:07:23.998968+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# AppTech Payments delisted from Nasdaq to OTCQB; Chairman and President resign

## Summary
- 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.

## SEC filing metadata
- accession: 0001683168-25-003828
- form_type: 8-K
- ticker: APCX
- cik: 0001070050
- company_name: AppTech Payments Corp.
- filed_at: 2025-05-19T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 3.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070050/000168316825003828/0001683168-25-003828-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070050/000168316825003828/apptech_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-003828
- JSON: https://secwatch.observer/filing/0001683168-25-003828.json
- Plain text: https://secwatch.observer/filing/0001683168-25-003828.txt

## Key facts
- Listing & Compliance Notices
  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)
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070050/000168316825003828/0001683168-25-003828-index.htm
- Executive change
  Luke D'Angelo resigned as Chairman of the Board of Directors at AppTech Payments Corp..
  - Action: resigned
  - Role: Chairman of the Board of Directors
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070050/000168316825003828/0001683168-25-003828-index.htm
- Executive change
  Virgilio Llapitan resigned as President, Chief Operating Officer & Director at AppTech Payments Corp..
  - Action: resigned
  - Role: President, Chief Operating Officer & Director
  source text: On May 19, 2025, Virgilio Llapitan resigned as President, Chief Operating Officer & Director of AppTech Payments Corp.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070050/000168316825003828/0001683168-25-003828-index.htm

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