m_and_a
confidence high
sentiment positive
materiality 0.75
AppTech Payments acquires InfinitusPay for up to $3M cash, 5M shares, and 4M warrants
AppTech Payments Corp.
- Acquisition consideration: $2M cash at closing (less Indebtedness), 1M closing shares, 4M lock-up shares, and 4M warrants at $3.00.
- Earn-out: additional $1M cash if Infinitus generates ≥$300k monthly revenue for three consecutive months post-closing.
- Infinitus becomes wholly-owned subsidiary; Alan Carr, Infinitus CEO, appointed AppTech Chief Product Officer.
- Acquisition closed October 31, 2025; press release issued November 5, 2025.
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