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AppTech Payments Corp. 8-K Report: Key Insights & Financial Overview (Jan 2025)

$APCX
Form 8-K
Filed on: 2025-01-10
Source
AppTech Payments Corp. 8-K Report: Key Insights & Financial Overview (Jan 2025)

Here are the key insights extracted from the provided section of the financial report:

  1. Entity Information:
  • Company Name: AppTech Payments Corp.
  • CIK (Central Index Key): 0001070050
  • SEC File Number: 001-39158
  • Tax ID: 65-0847995
  • Address: 5876 Owens Ave Suite 100, Carlsbad, CA 92008
  • Contact Number: 760-707-5959
  1. Filing Type:
  • Form: 8-K (Current Report)
  1. Filing Date:
  • Date of Report: January 8, 2025
  1. Stock Information:
  • Common Stock:
    • Par Value: $0.001 per share
    • Ticker Symbol: APCX (traded on NASDAQ)
  • Warrants:
    • Description: Each whole warrant is exercisable for one share of common stock at an exercise price of $4.15
    • Ticker Symbol: APCXW (traded on NASDAQ)
  1. Contextual Information:
  • The reporting period for the financial data is specified as starting and ending on January 8, 2025.
  • The context includes segments related to common stock and warrants.
  1. Units of Measure:
  • Financial figures are reported in USD (United States Dollars) and also in shares.

Additional Observations:

  • The report indicates that the common stock and warrants are part of the securities issued by AppTech Payments Corp., providing insights into the company's capital structure.
  • The specific exercise price for the warrants suggests a potential path for raising additional capital through equity if the warrants are exercised.
  • The low par value of the common stock ($0.001) can imply a higher number of shares outstanding, which may impact share price if the company raises significant capital through equity offerings.

This analysis highlights the basic corporate structure and financial instruments available for AppTech Payments Corp. as of the reporting date.