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Stock impact report

AppTech Announces $5,000,000 Common Equity Raise and Board Member Changes [Yahoo! Finance]

AppTech Payments Corp. - Common stock (APCX) 
NASDAQ:AMEX Investor Relations: apptechcorp.com/investor-relations
Company Research Source: Yahoo! Finance
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. 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. In connection with the transaction, the Company reduced its Board to five members from seven and appointed Albert L. Lord, Thomas J. Kozlowski Jr., and Calvin D. Walsh to its Board of Directors (the "Board"). As of December 16, 2024, the Company had received $2.5 million of the $5 million capital commitment. AFIOS will acquire a package of securities that includes up to 5.2 million shares at an average price of $0.96 per share and approximately 13 mil Show less Read more
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