---
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"
generated_at: "2026-10-12T14:54:04.252956+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# AppTech issues $560,000 10% convertible note to GS Capital, with 80,000 shares and $55,000 OID

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-007621
- JSON: https://secwatch.observer/filing/0001683168-26-007621.json
- Plain text: https://secwatch.observer/filing/0001683168-26-007621.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.