Current Report Filing (8-k)
February 08 2021 - 3:07PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 08,
2021
AppTech
Corp.
(Exact
name of registrant as specified in its charter)
Wyoming
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65-0847995
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(State
or other jurisdiction of
incorporation
or organization)
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(I.R.S.
Employer
Identification
Number)
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5876
Owens Ave. Suite 100
Carlsbad,
California
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92008
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(Address
of principal executive offices)
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(Zip
Code)
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(760)
707-5959
(Registrant’s
telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Title
of each class
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Trading
Symbol(s)
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Name
of each exchange on which registered
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Common
Stock, $0.001 par value per share
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APCX
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OTC
Pink Open Market
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ITEM
5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
AppTech
Corp. (the “Company”) is seeking to effect a reverse stock split of its common stock, par value $0.001 per share (the
“Common Stock”). AppTech shall pursue the approval of a majority of its voting stock by written consent in lieu of
a special meeting of the stockholders to amend the Company’s Certificate of Incorporation to effect the reverse stock split
at a ratio determined by the Company’s Board of Directors within a ratio of not less than 1-for-2 and not greater than 1-for-12.
If approved, the reverse stock split will reduce the number of shares of the Company’s common stock currently outstanding.
Proportionate adjustments will be made to the conversion price of the shares of the Company’s Series A Preferred Stock currently
outstanding, the per share exercise price and the number of shares of common stock that may be purchased upon exercise of outstanding
stock options granted by the Company, and the number of authorized shares of common stock reserved for future issuance.
ITEM 8.01 OTHER EVENTS
On
February 08, 2021, the Company issued a press release announcing its intent to pursue the reverse stock split. A copy of the press
release is filed as Exhibit 99.1 and incorporated by reference into this Item 8.01.
ITEM 9.01 FINANCIAL
STATEMENTS AND EXHIBITS
(d) Exhibits
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report
to be signed on its behalf by the undersigned hereunto duly authorized.
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APPTECH CORP.
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Dated: February 08, 2021
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By:
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/s/ Luke D’Angelo
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Name:
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Luke D’Angelo
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Title:
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Interim Chief Executive Officer
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