---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-001173"
form_type: "8-K"
ticker: "APCX"
cik: "0001070050"
company_name: "AppTech Payments Corp."
filed_at: "2026-02-19T23:59:59+00:00"
generated_at: "2026-05-16T01:38:40.015637+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- accession: 0001683168-26-001173
- form_type: 8-K
- ticker: APCX
- cik: 0001070050
- company_name: AppTech Payments Corp.
- filed_at: 2026-02-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070050/000168316826001173/0001683168-26-001173-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070050/000168316826001173/apptech_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-001173
- JSON: https://secwatch.observer/filing/0001683168-26-001173.json
- Plain text: https://secwatch.observer/filing/0001683168-26-001173.txt

## Key facts
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070050/000168316826001173/0001683168-26-001173-index.htm

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