AppTech Payments Corp. Announces Pricing of $2.0 Million Underwritten Public Offering of Common Stock
CARLSBAD, Calif., March 26, 2024 (GLOBE NEWSWIRE) — AppTech Payments Corp. (Nasdaq:APCX) (“AppTech” or the “Company”), a pioneering fintech company powering frictionless commerce, today announced the pricing of its previously announced underwritten public offering of 2,000,000 shares of its common stock at a public offering price of $1.00 per share for aggregate gross proceeds of approximately $2.0 million, prior to deducting underwriting discounts and other offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 300,000 shares of common stock at the public offering price per share, less the underwriting discounts to cover over-allotments, if any. The offering is expected to close on March 27, 2024, subject to satisfaction of customary closing conditions.