Company: APCXW
Filing Date: 2025-01-10
Form Type: 8-K
Source: 0001683168-25-000197
Chunk: 1

Company: AppTech Payments Corp.
Filing Date: 2025-01-10
Form: 8-K
Item: Item 7.01
Chunk 1
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 composition.

On December 30, 2024, AFIOS Partners
6 invested $1,000,000 with common stock and warrants issuances pursuant to the AFIOS 6 SPA, and AFIOS Partners 7 invested $1,500,000 with
common stock and warrants issuances pursuant to the AFIOS 7 SPA (the “ Capital Raising Transaction”). The Company also settled
the outstanding payables and recognized over $940,000 in gains on early debt extinguishment as of December 31, 2024. The results of the
Capital Raising Transaction and early debt extinguishment brought the Company’s stockholders’ equity balance to $4,146,448
on December 31, 2024.

As a result of the Capital Raising
Transaction and early debt extinguishment, as of the date of this Current Report on Form 8-K, the Company believes it has regained compliance
with the Minimum Stockholders’ Equity Requirement.

Nasdaq
will continue to monitor the Company’s ongoing compliance with the Minimum Stockholders’ Equity Requirement and, if at the
time of the Company’s next periodic report, the Company does not evidence compliance, the Company may be subject to delisting.

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SIGNATURES

Pursuant to the requirements
of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.

                              APPTECH PAYMENTS CORP.                               
  Date: January 10, 2025      By:                         /s/ Thomas DeRosa        
                                                          Thomas DeRosa            
                                                          Chief Executive Officer  

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