secwatch.observer — SEC 8-K summary
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Issuer:     AppTech Payments Corp. (APCX)
CIK:        0001070050
Form:       8-K
Filed at:   2026-04-10T23:59:59+00:00
Accession:  0001683168-26-002817
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AppTech raises $950K via 18% notes and warrants; LendSpark and Manetto participate
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070050/000168316826002817/0001683168-26-002817-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070050/000168316826002817/apptech_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-002817

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