secwatch.observer — SEC 8-K summary
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Issuer:     AppTech Payments Corp. (APCX)
CIK:        0001070050
Form:       8-K/A
Filed at:   2026-02-03T23:59:59+00:00
Accession:  0001683168-26-000734
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AppTech closes acquisition of Infinitus Pay; reports Infinitus net income $13k in 9mo 2025
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070050/000168316826000734/0001683168-26-000734-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070050/000168316826000734/apptech_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-000734

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