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AppTech Payments Corp. 8-K Filing: Key Insights & Stock Information

$APCX
Form 8-K
Filed on: 2025-02-18
Source
AppTech Payments Corp. 8-K Filing: Key Insights & Stock Information

Based on the provided XML section of a financial report, here are the key insights and important information extracted:

  1. Entity Identification:
  • Company Name: AppTech Payments Corp.
  • CIK Number: 0001070050
  • SEC File Number: 001-39158
  • EIN: 65-0847995
  • Address: 5876 Owens Ave, Suite 100, Carlsbad, CA 92008
  • Phone Number: 760-707-5959
  1. Report Type:
  • The document is an 8-K filing, which typically reports major events that shareholders should know about.
  1. Key Dates:
  • Report Date: February 12, 2025
  • Period Covered: The report is for the date of February 12, 2025.
  1. Stock Information:
  • Common Stock:
    • Par Value: $0.001 per share
    • Trading Symbol: APCX (listed on NASDAQ)
  • Warrants Information:
    • Each whole warrant is exercisable for one share of common stock at an exercise price of $4.15.
    • Trading Symbol: APCXW (listed on NASDAQ)
  1. Financial Units:
  • The report includes financial metrics expressed in USD and shares, indicating that data will be presented in these units.
  1. Dimensions:
  • The report references various classes of stock, specifically indicating common stock and warrants, which may have implications for capital structure and investor rights.

Insights:

  • Investment Opportunity: The presence of warrants indicates potential future dilution for common stockholders, as these instruments allow holders to purchase shares at a fixed price.
  • Capital Structure: The par value of the common stock is relatively low, which is common for many start-ups and growth companies, potentially allowing for a greater number of shares to be issued without significant capital outlay.
  • Compliance: The filing type (8-K) indicates that the company is keeping shareholders informed of significant events, which is a positive sign for transparency and governance.

Overall, this section of the financial report provides essential details about the company’s stock and warrants while indicating compliance with SEC reporting requirements. Further analysis would be required to understand the implications of these securities on the company's overall financial health and strategic direction.