AppTech Payments amends revenue participation agreement, increases funding to $2M with higher revenue share

AppTech Payments Corp.

Total funding increased from $1.5M to $2M; additional $500k due by Feb 28, 2026.
Revenue participation percentage raised from 1% to 1.75% of gross contract revenue.
Revenue participation term extended to Dec 31, 2029 (50 months) from Dec 31, 2028.
Repayment of $2M principal without interest over final 18 months (months 33-50).
Minimum monthly payments revised, escalating from $8,600/mo (months 4-6) to $73,100/mo (months 49-50).

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

AppTech Payments Corp. amended First Amendment to Revenue Participation Agreement with Ascendancy Management, Inc. valued at $2,000,000 (effective 2026-02-17).

Action: amendment
Counterparty: Ascendancy Management, Inc.
Value: $2,000,000
Effective: 2026-02-17

Exact text from the filing

On February 17, 2026, AppTech Payments Corp., a Delaware corporation (the “Company”), entered into the First Amendment to Revenue Participation Agreement (the “Amendment”), by and between the Company and Ascendancy Management, Inc. (the “Participant”), amending that certain Revenue Participation Agreement dated as of November 7, 2025 (the “Original Agreement” and as amended by the Amendment, “the Agreement”).

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AppTech Payments Corp. filing history →

Source: SEC EDGAR

accession 0001683168-26-001173

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