Company: APCXW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001683168-25-008326
Chunk: 19

Company: AppTech Payments Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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    0.25 - 10.0

    Risk-free interest rate
     
    3.99% - 4.21%

    Expected dividend yields
     
    –

Warrants 

As of September 30, 2025, the Company has 22,281,627
warrants outstanding. The following table summarizes warrant activity:

    Schedule of warrant activity 

    Number of  Warrants  
    Weighted  Average  exercise price  
    Weighted  Average  remaining years 
  
    Outstanding December 31, 2024 
     15,906,627  
    $1.76  
     4.25 
  
    Cancelled 
     –  
     –  
     – 
  
    Issued 
     6,375,000  
     1.08  
     – 
  
    Outstanding as of September 30, 2025 
     22,281,627  
    $1.57  
     3.82 

NOTE 9 – SUBSEQUENT EVENTS

On September 3, 2025, AppTech entered into a letter
of intent with Infinitus Pay (“IP”) to acquire 100% of their equity in return for total consideration consisting of up to
$3,000 thousand, up to 5,000 thousand shares of our common stock, and up to 4,000 thousand warrants. The purpose of the acquisition was
to enhance AppTech’s product offerings while acquiring IP’s platform and book of business. The acquisition was completed on
October 31, 2025. The purchase price accounting has not been completed, however, it is anticipated to be completed prior to the end of
the allowable measurement period.

To finance the acquisition, AppTech entered into
the following arrangements:

·On October 30, 2025, $1,000 thousand was invested by two members of the
AFIOS group. The original agreement with AFIOS Partners allowed for an additional $1,000 thousand to be invested in return for common
stock and warrants. As of the date of this report, the shares and warrants have been issued. 

·On October 29, 2025, we secured a $1,000
                                                                                                             thousand loan with an interest rate of 24% with a current investor and board member. The note is interest-only for December 2025 to
                                                                                                             March