secwatch.observer — SEC 8-K summary
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Issuer:     AppTech Payments Corp. (APCX)
CIK:        0001070050
Form:       8-K/A
Filed at:   2026-02-23T23:59:59+00:00
Accession:  0001683168-26-001240
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AppTech amends revenue participation deal; adds $500k funding, ups revenue share to 1.75%, extends term to Dec 2029
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070050/000168316826001240/0001683168-26-001240-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070050/000168316826001240/apptech_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-001240

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer