Apptech payments corp. announces pricing of $5.0 million registered direct offering and concurrent private placement

Carlsbad, calif., jan. 31, 2023 (globe newswire) -- apptech payments corp. (nasdaq: apcx) (the “company” or “apptech”), an innovative fintech company powering seamless, omni-channel commerce between businesses and consumers, announced today that it has entered into a securities purchase agreement with a single institutional investor to purchase approximately $5 million of its common stock in a registered direct offering and warrants to purchase common stock in a concurrent private placement. the combined effective purchase price for each share of common stock and associated warrant to purchase one share of common stock will be $3.00.
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