AppTech Payments Corp. (APCX): debt financing — AppTech raises $950K via 18% notes and warrants; LendSpark and Manetto participate

AppTech Payments Corp.

Issued two $500K 18% promissory notes to LendSpark and Manetto Hill Fund; net proceeds $475K each after $25K OID.
Notes mature 14 months from April 3, 2026; convertible at $2.00/share; 4.99% beneficial ownership cap.
Each investor received warrants to buy 500K shares at $1.00/share for 5 years.
Subsidiary Infinitus Pay Inc. guaranteed obligations and granted security interest in collateral.
Placement agent HCC Securities Group received fees; offering exempt under Rule 506(b).

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

AppTech Payments Corp. incurred convertible notes of $500,000 with LendSpark Corporation and Manetto Hill Fund Series I, LLC at 18% per annum maturing 14 months from the issue date.

Instrument: convertible notes
Principal: $500,000
Counterparty: LendSpark Corporation and Manetto Hill Fund Series I, LLC
Rate: 18% per annum
Maturity: 14 months from the issue date
Event: incurrence

Exact text from the filing

On April 3, 2026, AppTech Payments Corp. (the “Company”) entered into securities purchase agreements (the “Purchase Agreements”) with each of LendSpark Corporation (“LendSpark”) and Manetto Hill Fund Series I, LLC (“Manetto,” and together with LendSpark, the “Investors”), pursuant to which each Investor agreed to purchase, and the Company agreed to issue and sell to such Investor, an 18% promissory note in the principal amount of $500,000 (each, a “Note” and collectively, the “Notes”)

View on SEC.gov

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.95

AppTech Payments Corp. issued 500,000 shares of common stock per warrant of warrant to LendSpark Corporation and Manetto Hill Fund Series I, LLC for Each Investor purchased an 18% promissory note for $475,000 and received a warrant as part of the transaction.

Security: warrant
Shares: 500,000 shares of common stock per warrant
Purchaser: LendSpark Corporation and Manetto Hill Fund Series I, LLC
Consideration: Each Investor purchased an 18% promissory note for $475,000 and received a warrant as part of the transaction

Exact text from the filing

LLC (“Manetto,” and together with LendSpark, the “Investors”), pursuant to which each Investor agreed to purchase, and the Company agreed to issue and sell to such Investor, an 18% promissory note in the principal amount of $500,000 (each, a “Note” and collectively, the “Notes”) for a purchase price of $475,000 per Note (reflecting an original issue

View on SEC.gov

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

AppTech Payments Corp. entered into Purchase Agreements with LendSpark Corporation and Manetto Hill Fund Series I, LLC valued at $500,000 (effective 2026-04-03).

Action: entry
Agreement: equity purchase
Counterparty: LendSpark Corporation and Manetto Hill Fund Series I, LLC
Value: $500,000
Effective: 2026-04-03

Exact text from the filing

On April 3, 2026, AppTech Payments Corp. (the “Company”) entered into securities purchase agreements (the “Purchase Agreements”) with each of LendSpark Corporation (“LendSpark”) and Manetto Hill Fund Series I, LLC (“Manetto,” and together with LendSpark, the “Investors”), pursuant to which each Investor agreed to purchase, and the Company agreed to issue and sell to such Investor, an 18% promissory note in the principal amount of $500,000

View on SEC.gov

114 debt financings filed in the last 30 days. Browse all debt financings →

AppTech Payments Corp. filing history →

Source: SEC EDGAR

accession 0001683168-26-002817

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