---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-005995"
form_type: "8-K"
ticker: "APCX"
cik: "0001070050"
company_name: "AppTech Payments Corp."
filed_at: "2025-08-13T23:59:59+00:00"
generated_at: "2026-05-17T13:50:51.991897+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AppTech Payments issues $300K convertible note to GS Capital; $50K OID

## Summary
- Issued $300K principal 10% convertible note to GS Capital Partners; net proceeds $250K after $50K OID.
- Note matures July 31, 2026; six principal payments of $54,041.84 each starting 180 days after issue.
- Conversion price fixed at $2.00/share; on default drops to 80% of lowest 10-day VWAP.
- Note contains beneficial ownership limit of 4.99%; default penalty of 150% of outstanding amount.
- Securities issued under Rule 506(b) exemption; no registration statement.

## SEC filing metadata
- accession: 0001683168-25-005995
- form_type: 8-K
- ticker: APCX
- cik: 0001070050
- company_name: AppTech Payments Corp.
- filed_at: 2025-08-13T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070050/000168316825005995/0001683168-25-005995-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070050/000168316825005995/apptech_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-005995
- JSON: https://secwatch.observer/filing/0001683168-25-005995.json
- Plain text: https://secwatch.observer/filing/0001683168-25-005995.txt

## Key facts
- Debt Financings
  AppTech Payments Corp. incurred loan of $300,000 with GS Capital Partners, LLC at 10% per annum maturing matures on July 31, 2026.
  - Instrument: loan
  - Principal: $300,000
  - Counterparty: GS Capital Partners, LLC
  - Rate: 10% per annum
  - Maturity: matures on July 31, 2026
  - Event: incurrence
  source text: the Company issued a promissory note in the aggregate principal amount of $300,000 (the “Note” and together with the Purchase Agreement, the “Transaction Documents”) to GS Capital.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070050/000168316825005995/0001683168-25-005995-index.htm

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