AppTech Announces $5,000,000 Common Equity Raise and Board Member Changes

Core Points - AppTech Payments Corp. announced a $5 million investment from AFIOS Partners, with an average share price of $0.96, and the potential to raise an additional $14 million through warrants [1][2] - The Board of Directors has been reduced from seven to five members, with three new appointments from AFIOS Partners [1][3] - As of December 16, 2024, AppTech has received $2.5 million of the committed $5 million, and AFIOS will acquire up to 5.2 million shares and approximately 13 million warrants [2] Company Overview - AppTech Payments Corp. provides digital financial services through a scalable cloud-based platform for various clients, including financial institutions and SMEs [4] - The company holds exclusive licensing and partnership agreements along with a full suite of patented technology capabilities [4]