CARLSBAD, Calif., February 17, 2021 – AppTech Corp. (“AppTech“)(OTC: APCX), a fintech company, announced today that it has filed a follow-on public offering (“FPO”) for $15,000,000 of company common stock with the U.S. Securities and Exchange Commission (the “SEC”) pursuant to an S-1 registration statement. The company intends to use the net proceeds of the proposed offering to further supplement its digital banking and payment acceptance business expansion, telehealth and remote patient monitoring business expansion, and other general corporate purposes. The offering will aid AppTech in raising capital in conjunction with the company’s intended application to uplist to the National Association of Securities Dealers Automated Quotations (“NASDAQ”) Capital Market.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.
About AppTech (OTC: APCX)
AppTech Corp. is a financial technology company utilizing innovative payment processing technologies to complement its core merchant services capabilities. Its patented and proprietary software for merchant services, text marketing and lead generation are licensable or available through a suite of synergistic offerings. AppTech is developing an enterprise-grade text payment system using the simplicity and familiarity of text messaging with multi-factor authentication to ensure security. AppTech also offers digital marketing, software development, mobile app development, website development, website hosting & comprehensive payment processing for brick-and-mortar operations, e-commerce and ACH. For more information about our company, please visit: www.apptechcorp.com
Forward Looking Statements
This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties, including statements regarding anticipated third quarter results. Forward-looking statements can be identified through the use of words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” and variations of these words or similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect AppTech Corp. current expectations and speak only as of the date of this release. Actual results may differ materially from AppTech Corp. current expectations depending upon a number of factors. These factors include, among others, adverse changes in general economic and market conditions, competitive factors including but not limited to pricing pressures and new product introductions, uncertainty of customer acceptance of new product offerings and market changes, risks associated with managing the growth of the business, and those other risks and uncertainties. Except as required by law,
AppTech Corp. does not undertake any responsibility to revise or update any forward-looking statements.