AppTech Announces $5,000,000 Common Equity Raise and Board Member Changes

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Walsh added to the Board of Directors CARLSBAD, Calif., Dec.17, 2024 (GLOBE NEWSWIRE) -- AppTech Payments Corp.("AppTech or the "Company”) (NASDAQ: APCX) today announced that AFIOS Partners ("AFIOS”), an investment company including shareholders since 2015, today invested $5 million in the common stock of the Company.

About AppTech Payments Corp.AppTech Payments Corp.(NASDAQ: APCX) provides digital financial services for financial institutions, corporations, small and midsized enterprises ("SMEs”), and consumers through the Company’s scalable cloud-based platform architecture and infrastructure, coupled with our Specialty Payments development and delivery model.

Initial $5 million investment for common stock priced at an average of $0.96 per share; Up to an additional $14 million may be raised from exercise of warrants Albert L.Lord, Thomas J.Kozlowski Jr., and Calvin D.

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Author / Journalist: AppTech Corp.

Category: Technology

Markets: China

Topics: US03834B2007 Nasdaq:APCX

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 12:30:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

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