---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-004745"
form_type: "8-K"
ticker: "APCX"
cik: "0001070050"
company_name: "AppTech Payments Corp."
filed_at: "2025-06-25T23:59:59+00:00"
generated_at: "2026-05-18T18:56:28.461920+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# AppTech Payments issues $360K convertible note with 20% OID to accredited investor

## Summary
- Issued $360K principal convertible promissory note with 20% OID, net proceeds ~$292.5K after fees.
- Note matures in 6 months, bears 10% interest, convertible at $2.00/share; redemption at 100% of principal plus interest.
- Non-accountable fee of $7,500 withheld from purchase price; placement and legal fees also paid.
- Conversion capped at 4.99% beneficial ownership, adjustable to 9.99% with 61-day notice.
- 3.6M shares reserved for conversion; default triggers 18% interest and acceleration.

## SEC filing metadata
- accession: 0001683168-25-004745
- form_type: 8-K
- ticker: APCX
- cik: 0001070050
- company_name: AppTech Payments Corp.
- filed_at: 2025-06-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070050/000168316825004745/0001683168-25-004745-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070050/000168316825004745/apptech_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-004745
- JSON: https://secwatch.observer/filing/0001683168-25-004745.json
- Plain text: https://secwatch.observer/filing/0001683168-25-004745.txt

## Key facts
- Debt Financings
  AppTech Payments Corp. incurred convertible notes of $360,000 with accredited investor at 10% per annum maturing six months from its date of issuance.
  - Instrument: convertible notes
  - Principal: $360,000
  - Counterparty: accredited investor
  - Rate: 10% per annum
  - Maturity: six months from its date of issuance
  - Event: incurrence
  source text: On June 18, 2025, AppTech Payments Corp. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with an accredited investor (the “Purchaser”), pursuant to which the Company issued and sold to the Purchaser a 20% original issue discount convertible promissory note in the aggregate principal amount of $360,000 (the “Note” and together with the Purchase Agreement, the “Transaction Documents”) for a purchase price of $300,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070050/000168316825004745/0001683168-25-004745-index.htm

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