AppTech Payments Corp. (APCXW) — Current Report

Key Insights

• AppTech Payments Corp. has secured $950,000 in financing through the issuance of promissory notes and warrants to two investors, LendSpark Corporation and Manetto Hill Fund Series I, LLC.
• The notes bear an interest rate of 18% per annum and mature in 14 months, indicating the company is seeking short-term financing to support its operations.
• The warrants provide the investors the right to purchase up to 500,000 shares of the company's common stock at an exercise price of $1.00 per share, suggesting the investors see potential upside in the company's stock price.