{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-26-007621","form_type":"8-K","ticker":"APCX","cik":"0001070050","company_name":"AppTech Payments Corp.","filed_at":"2026-10-05T20:43:20+00:00","discovered_at":"2026-10-05T20:44:00.452972+00:00","generated_at":"2026-10-12T14:54:04.252956+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"AppTech issues $560,000 10% convertible note to GS Capital, with 80,000 shares and $55,000 OID","bullets":["Note principal is $560,000 with a $55,000 original issue discount; gross proceeds are $505,000 before expenses; 80,000 common shares issued at $1.00 per share.","Note bears 10% interest per annum and matures November 28, 2027; six $87,000 principal payments begin 180 days after Sept. 29, 2026, then every 30 days for five months.","Note is convertible at GS Capital's option into common stock at a fixed $2.00 per share; default conversion price is 80% of the lowest VWAP over the prior 10 trading days; 4.99% ownership cap.","Events of default include missed payments, failure to deliver conversion shares, covenant breaches and bankruptcy; default amount is 150% of principal and accrued interest plus liquidated damages.","Purchase Agreement restricts certain corporate actions without GS Capital consent; Note may be prepaid in whole or in part without penalty."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-26-007621","json":"https://secwatch.observer/filing/0001683168-26-007621.json","markdown":"https://secwatch.observer/filing/0001683168-26-007621.md","text":"https://secwatch.observer/filing/0001683168-26-007621.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1070050/000168316826007621/0001683168-26-007621-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1070050/000168316826007621/apptech_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:54:04.252956+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}