other_material
confidence high
sentiment neutral
materiality 0.60
AppTech amends revenue participation deal; adds $500k funding, ups revenue share to 1.75%, extends term to Dec 2029
AppTech Payments Corp.
- Total Revenue Participation Contribution increased to $2M; additional $500k due by Feb 28, 2026.
- Revenue Participation Percentage raised from 1% to 1.75% (adjustable up to 10% if payments lag).
- Revenue Participation Term extended from Dec 2028 to Dec 2029 (50 months from Nov 2025).
- Principal repayment (no interest) prorated over final 18 months of the term (months 33-50).
- Monthly Minimum Payment amounts redacted but increase by $4,300 each successive three-month period.
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