NetworkNewsBreaks – AppTech Payments Corp. (NASDAQ: APCX) Secures $5M in Registered Direct Offering, Concurrent Private Placement
AppTech (NASDAQ: APCX), an innovative fintech company powering seamless, omni-channel commerce between businesses and consumers, today announced the closing of its $5.0 million registered direct offering with a single institutional investor to sell 1,666,667 shares of its common stock and warrants to purchase up to 1,666,667 shares in a concurrent private placement. The combined purchase price for one share and one warrant was $3.00. AppTech secured approximately $5.0 million in aggregate gross proceeds, of which it intends to use the net proceeds and its existing cash for general corporate purposes. These include integrating Commerse(TM) platform clients, retiring all loan forbearance…







