AppTech Regains Nasdaq Minimum Bid Price Compliance
January 18 2023 - 6:00AM
AppTech Payments Corp. (AppTech) (NASDAQ: APCX), a Fintech company
powering commerce experiences, today announced that it has
successfully cured the Nasdaq minimum bid price deficiency. Nasdaq
has informed AppTech that its Panel has determined to continue the
listing of the Company’s securities on the Nasdaq Capital Market
and is closing the matter.
AppTech has regained Nasdaq compliance as it has had a closing
bid price of above $1.00 per share for 10 consecutive business
days. That requirement was met on January 3, 2023.
AppTech CEO, Luke D'Angelo states, “As we continue to grow our
business model going into the new year, we are working towards
value for our shareholders. In addition to expanding our team, we
also have expanded major opportunities with exciting new B2B
relationships that will soon be announced. With a strong balance
sheet, coupled with our exceptional product and leadership teams,
we are well-positioned to successfully execute our plans to become
the premier Fintech SaaS platform powering high-conversion,
immersive, commerce experiences for businesses and their customers
worldwide.”
AppTech was also recently viewed on Fox business as one of the
best long-term companies to have in your five-year stock plan, seen
here: http://video.foxbusiness.com/v/6317511890112/.
Forward-Looking Statements
This press release contains forward-looking statements that are
inherently subject to risks and uncertainties. Any statements
contained in this document that are not historical facts are
forward-looking statements as defined in the U.S. Private
Securities Litigation Reform Act of 1995. Words such as
“anticipate, believe, estimate, expect, forecast, intend, may,
plan, project, predict, should, will” and similar expressions as
they relate to AppTech are intended to identify such
forward-looking statements. These risks and uncertainties include,
but are not limited to, general economic and business conditions,
effects of continued geopolitical unrest and regional conflicts,
competition, changes in methods of marketing, delays in
manufacturing or distribution, changes in customer order patterns,
changes in customer offering mix, and various other factors beyond
the company’s control. Actual events or results may differ
materially from those described in this press release due to any of
these factors. AppTech is under no obligation to update or alter
its forward-looking statements whether as a result of new
information, future events or otherwise.
About AppTech Payments Corp.
AppTech Payments Corp. (NASDAQ: APCX) is an innovative Fintech
company whose mission is to deliver a better way for businesses to
provide their customers with customizable, immersive commerce
experiences. Commerse, its all-new, patent-backed technology
platform powering seamless omni-channel Commerce
Experiences-as-a-Service (CXS), drives highly secure, scalable,
cross-border digital banking, text-to-pay, crypto payments and
merchant services altogether from a single, unified stack designed
to increase operational efficiencies and growth for businesses
while providing the economic convenience their customers demand
from today’s commerce experiences. For more information, visit
apptechcorp.com.
Investor Relations Contact
Ben Shamsian
Lytham Partners, LLC
shamsian@lythampartners.com
646-829-9701
Media Contact
Sarah Bilyeu
KCD PR for AppTech Payments Corp.
apptech@kcdpr.com
619-252-9111
AppTech Payments Corp.
info@apptechcorp.com
760-707-5959
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