{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-26-000734","form_type":"8-K/A","ticker":"APCX","cik":"0001070050","company_name":"AppTech Payments Corp.","filed_at":"2026-02-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.496451+00:00","generated_at":"2026-05-16T05:14:12.384862+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"AppTech closes acquisition of Infinitus Pay; reports Infinitus net income $13k in 9mo 2025","bullets":["Acquisition closed Oct 31, 2025 for $2M cash (less indebtedness), 5M shares (1M immediate + 4M locked up), warrants for 4M shares at $3.00, and up to $1M contingent cash.","Infinitus generated $268k revenue and $13k net income in 9 months ended Sep 30, 2025 (unaudited); $12k revenue from inception to Dec 31, 2024.","Infinitus assets $472k, liabilities $175k, equity $297k, cash $21k as of Sep 30, 2025 (unaudited).","Warrants become exercisable after AppTech stock closes at $3.00; contingent cash due when Infinitus revenue reaches $300k/month for 3 consecutive months.","Infinitus platform aggregates domestic and international banking for cross-border payments; launched in July 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-26-000734","json":"https://secwatch.observer/filing/0001683168-26-000734.json","markdown":"https://secwatch.observer/filing/0001683168-26-000734.md","text":"https://secwatch.observer/filing/0001683168-26-000734.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1070050/000168316826000734/0001683168-26-000734-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1070050/000168316826000734/apptech_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T05:14:12.384862+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2fa738454c690324b722ba5318f1b57b1bd98682","claim":"AppTech Payments Corp. completed an acquisition involving Infinitus Pay Inc. for an aggregate amount equal to $2,000,000, less any Indebtedness of the Company paid in cash... an aggregate of One Million (1,000,000) newly-issued shares of the (closed 2025-10-31).","evidence_excerpt":"The Company purchased all of the respective shares of Infinitus held by the Shareholders in exchange for the following total consideration: (a) an aggregate amount equal to $2,000,000, less any Indebtedness (as defined in the Agreement) of the Company paid in cash by wire transfer in immediately available funds at the closing; (b) (i) an aggregate of One Million","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1070050/000168316826000734/0001683168-26-000734-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Infinitus Pay Inc."},{"label":"Consideration","value":"an aggregate amount equal to $2,000,000, less any Indebtedness of the Company paid in cash... an aggregate of One Million (1,000,000) newly-issued shares of the"},{"label":"Closing","value":"2025-10-31"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}