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

Bitget2026/10/05 20:44

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.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

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.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

A new twist has emerged in the US AI data center investment boom. SoftBank is preparing for cooling US demand and a deteriorating political environment, and does not rule out shifting data center construction priorities to other countries. As cross-border computing power delivery capability improves and investment returns come under question, the logic behind AI infrastructure expansion is loosening, and over $3.5 trillion in infrastructure investment now faces potential impairment risks.

华尔街见闻•2026/11/09 10:26