AppTech Payments 2026 shareholder voting results
AppTech Payments Corp. reported voting results from its 2026 Annual Shareholders’ Meeting.
Rhea-AI Filing Summary
AppTech Payments Corp. reported voting results from its 2026 Annual Shareholders’ Meeting. There were 40,503,934 common shares entitled to vote as of March 30, 2026, and 26,990,778 shares were represented in person or by proxy, indicating a solid quorum.
Director nominees received substantial support: Albert L. Lord received 24,278,883 votes for and 2,711,895 withheld, while Thomas J. DeRosa received 18,839,757 votes for and 8,151,021 withheld, with 574,067 broker non-votes for each. Shareholders also voted on several other proposals, including an advisory frequency choice for executive compensation, where 21,868,753 votes favored a one-year frequency over longer alternatives.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Shares entitled to vote: 40,503,934 shares
Shares represented at meeting: 26,990,778 shares
Votes for Albert L. Lord: 24,278,883 votes
+3 more
6 metrics
Shares entitled to vote
40,503,934 shares
Common stock entitled to vote as of March 30, 2026 record date
Shares represented at meeting
26,990,778 shares
Shares present in person or by proxy at 2026 Annual Meeting
Votes for Albert L. Lord
24,278,883 votes
Director nominee votes for, with 2,711,895 withheld and 574,067 broker non-votes
Votes for Thomas J. DeRosa
18,839,757 votes
Director nominee votes for, with 8,151,021 withheld and 574,067 broker non-votes
One-year say-on-pay frequency
21,868,753 votes
Votes for one-year frequency; 1,049,477 for two years, 750,181 for three years
High-support proposal votes for
25,837,544 votes
Proposal with 25,837,544 for, 78,756 against, 1,648,545 abstain, no broker non-votes
Key Terms
Annual Shareholders’ Meeting, Broker Non-Votes, Emerging growth company, OTCQB, +1 more
5 terms
Broker Non-Votes financial
"Director Nominee ... Votes For ... Withheld ... Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
Emerging growth company regulatory
"Emerging growth company Item 5.07 Submission of Matters"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
OTCQB market
"Common stock, par value $0.001 per share ... APCX ... OTCQB"
OTCQB is a tier of the over‑the‑counter (OTC) market where smaller or developing companies list their shares for trading without being on a major stock exchange. Think of it like a well‑kept side street market: companies must meet basic reporting and transparency checks so investors get more information than the lowest OTC tier, but trading is usually less liquid and riskier than on big exchanges. Investors care because OTCQB listings can offer early access to growth stories but come with higher price swings and greater chance of limited resale options.
Warrants financial
"Warrants, each whole warrant exercisable for one share of common stock at an exercise price of $4.15"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What was the quorum at AppTech Payments (APCX) 2026 annual meeting?
The quorum was strong, with 26,990,778 AppTech Payments shares represented out of 40,503,934 shares entitled to vote. Shares were represented either in person or by proxy as of the March 30, 2026 record date.
What were the 2026 director election results for Thomas J. DeRosa at AppTech (APCX)?
Thomas J. DeRosa received 18,839,757 votes for and 8,151,021 votes withheld, plus 574,067 broker non-votes. While support was lower than for the other nominee, he still obtained a majority of votes cast in his favor.
Were there additional proposals voted on at the 2026 AppTech Payments (APCX) meeting?
Yes. Beyond electing directors and selecting say-on-pay frequency, shareholders voted on several other proposals, including items that received 25,837,544 votes for, 78,756 against, and 1,648,545 abstentions, with no broker non-votes on that specific item.
AI-generated analysis. How Rhea-AI works. Not financial advice.
