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AppTech Payments issues $560,000 promissory note to GS Capital Partners under securities purchase agreement

PUBT·10/05/2026 20:44:00
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AppTech Payments issues $560,000 promissory note to GS Capital Partners under securities purchase agreement
  • AppTech Payments entered a securities purchase agreement with GS Capital Partners on Sept. 29, 2026.
  • Issued a USD 560,000 promissory note with a USD 55,000 original issue discount; gross proceeds totaled USD 505,000.
  • Note carries 10% annual interest; matures Nov. 28, 2027; principal due in six USD 87,000 installments starting 180 days post-issuance.
  • GS Capital can convert at USD 2.00 per share; default conversion resets to 80% of the lowest 10-day VWAP.
  • Default can trigger immediate repayment; default amount can rise to 150% of outstanding principal and accrued interest.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AppTech Payments Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-007621), on October 05, 2026, and is solely responsible for the information contained therein.