Welcome to our dedicated page for Apptech Paym news (Ticker: APCXW), a resource for investors and traders seeking the latest updates and insights on Apptech Paym stock.
AppTech Payments Corp. news covers a fintech company that provides digital financial services and payment solutions for financial institutions, corporations, small and midsized enterprises, and consumers. Updates focus on its cloud-based platform architecture, patented payment technology, FINZEO platform, CoreBanking offering, Banking-as-a-Service capabilities, and the InfinitusPay acquisition.
Recurring developments include quarterly results, revenue growth, operating losses, financing activity, platform expansion, fintech integrator relationships, and corporate-status items affecting the company’s common stock and APCXW warrants, including their OTCQB quotation after Nasdaq delisting.
AppTech Payments Corp. (NASDAQ: APCX) has received an extension from the Nasdaq Hearings Panel to maintain its listing on The Nasdaq Stock Market. The company must meet specific conditions, including filing a public disclosure by March 31, 2025, demonstrating that its shareholders' equity deficiency has been resolved. This information will be detailed in the company's 2023 10-K filing, expected by March 15, 2025.
Additionally, AppTech has until May 5, 2025, to meet Nasdaq's $1 minimum bid price per share requirement. The Panel approved the company's request to increase its stock price organically, partly based on their compliance with the Equity Rule. CEO Thomas DeRosa expressed confidence in the company's strengthened position following recent restructuring efforts, stating they are poised to generate significant revenue across multiple verticals.