AppTech Payments Corp. Files Definitive Proxy Statement

TL;DR

<b>AppTech Payments Corp. has filed its Definitive Proxy Statement for the period ending May 29, 2024.</b>

AI Summary

AppTech Payments Corp. (APCXW) filed a Proxy Statement (DEF 14A) with the SEC on April 12, 2024. AppTech Payments Corp. filed a Definitive Proxy Statement (DEF 14A) on April 12, 2024. The filing covers the period ending May 29, 2024. The company's fiscal year ends on December 31. AppTech Payments Corp. was formerly known as AppTech Corp., Natural Nutrition Inc., and CSI Business Finance, Inc. The company is incorporated in California.

Why It Matters

For investors and stakeholders tracking AppTech Payments Corp., this filing contains several important signals. This filing is a standard regulatory requirement for public companies, indicating upcoming shareholder meetings and proposals. The historical name changes suggest potential corporate restructuring or strategic shifts over time.

Risk Assessment

Risk Level: — AppTech Payments Corp. shows moderate risk based on this filing. The filing is a routine DEF 14A, providing no new financial or operational data that would indicate immediate risk.

Analyst Insight

Review the proxy statement for details on upcoming shareholder votes, executive compensation, and any proposed corporate actions.

Key Numbers

• 2024-05-29 — Reporting Period End (Conformed Period of Report)
• 2024-04-12 — Filing Date (Date the document was filed)
• 1231 — Fiscal Year End (Company's fiscal year end date)

Key Players & Entities

• AppTech Payments Corp. (company) — Filer of the document
• AppTech Corp. (company) — Former name of AppTech Payments Corp.
• Natural Nutrition Inc. (company) — Former name of AppTech Payments Corp.
• CSI Business Finance, Inc. (company) — Former name of AppTech Payments Corp.

FAQ

Industry Context

AppTech Payments Corp. operates in the software services industry, specifically prepackaged software.

Regulatory Implications

The filing is a DEF 14A, a type of registration statement filed with the SEC by companies soliciting proxies from shareholders.

What Investors Should Do

1. Review the full DEF 14A filing for details on proposals to be voted on at the shareholder meeting.
2. Examine executive compensation disclosures to understand remuneration packages.
3. Note any changes in corporate governance or board composition outlined in the filing.

Year-Over-Year Comparison

This is a DEF 14A filing, which typically does not contain comparative financial data to a previous filing. It serves to inform shareholders about upcoming meetings and proposals.

Key Financial Figures

• $500 Million — ions, assisting clients in raising over $500 Million in capital and alternate forms of finan
• $2 Billion — municipalities in California with over $2 Billion in underwriting. Mr. Williams sat on th
• $500M — pany, into Nortek Security & Control, a $500M global leader in security, smart home c

Filing Documents

• apptech_idef14a.htm (DEF 14A) — 719KB
• image_001.jpg (GRAPHIC) — 3KB
• image_012.jpg (GRAPHIC) — 65KB
• image_013.jpg (GRAPHIC) — 110KB
• image_014.jpg (GRAPHIC) — 17KB
• 0001683168-24-002325.txt (&nbsp;) — 1813KB
• apcx-20231231.xsd (EX-101.SCH) — 5KB
• apcx-20231231_def.xml (EX-101.DEF) — 8KB
• apcx-20231231_lab.xml (EX-101.LAB) — 55KB
• apcx-20231231_pre.xml (EX-101.PRE) — 42KB
• apptech_idef14a_htm.xml (XML) — 133KB

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 26

Security Ownership of Certain Beneficial Owners Table

Security Ownership of Certain Beneficial Owners Table 27

Security Ownership of Directors and Named Executive Officers Table

Security Ownership of Directors and Named Executive Officers Table 28 Section 16(a) Beneficial Ownership Reporting Compliance 28 PAY VERSUS PERFORMANCE 29 CERTAIN RELATIONSHIPS AND RELATED PERSONS TRANSACTIONS 32 EXECUTIVE OFFICERS 33

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 34 2023 Summary Compensation Table 34 Outstanding Equity Awards as of December 31, 2023 Table 35 QUESTIONS AND ANSWERS ABOUT THE ANNUAL MEETING 37 OTHER MATTERS 44 CONTACT FOR QUESTIONS AND ASSISTANCE WITH VOTING 44 APPENDIX A: APPTECH 2024 EQUITY INCENTIVE PLAN 45 i AppTech Payments Corp. 5876 Owens Ave Suite 100 Carlsbad, California 92008 (760) 707-5959 PROXY STATEMENT FOR THE 2024 ANNUAL MEETING OF STOCKHOLDERS INTRODUCTION 2024 Annual Meeting of Stockholders This Proxy Statement and associated proxy card are furnished in connection with the solicitation of proxies to be voted at the 2024 Annual Meeting of Stockholders (the "Annual Meeting") of AppTech Payments Corp. (sometimes referred to as "we," "us," the "Company" or "AppTech"), which will be held on May 29, 2024, at 10:00 AM Pacific Standard Time virtually via the Internet at https://agm.issuerdirect.com/apcx. By visiting this website, you may attend the Annual Meeting virtually online and submit your questions to management before the Annual Meeting by visiting our proxy materials website, and you may vote your shares electronically at https://www.iproxydirect.com/apcx. Notice of Internet Availability This Proxy Statement and our Annual Report on Form 10-K for the year ended December 31, 2023 (the "Annual Report") are available to stockholders at https://apptechcorp.com/leadership-governance and https://www.iproxydirect.com/apcx. On or about April 17, 2024, we will begin mailing to our stockholders a Notice of Internet Availability of Proxy Materials (the "Notice") containing instructions on (a) how to access and review this Proxy Statement and the Annual Report via the Internet and (b) how to obtain printed copies of this Proxy Statement, the Annual Report, and a proxy card. The Notice also provides instructions on how you may submit your proxy over the Internet. If you received a Notice and would like to receive a printed copy of our prox

: Gender Identity

Part I: Gender Identity Directors 1 5 – –

: Demographic Background

Part II: Demographic Background African American or Black – – – – Alaskan Native or Native American – – – – Asian 1 1 – – Hispanic or Latinx – – – – Native Hawaiian or Pacific Islander – – – – White – 3 – – Two or More Races or Ethnicities – 1 – – LGBTQ+ – Did Not Disclose Demographic Background – The primary responsibilities of each committee are described below. Audit Committee In 2023, William Huff, Michael O'Neal, and Mengyin H. Liang Roz Huang' served on the audit committee, which William Huff chairs. The audit committee's responsibilities include the following: appointing, approving the compensation of, and assessing the independence of our independent registered public accounting firm; pre-approving auditing and permissible non-audit services, and the terms of such services, to be provided by our independent registered public accounting firm; reviewing the overall audit plan with our independent registered public accounting firm and members of management responsible for preparing our consolidated financial statements; reviewing and discussing our annual and quarterly financial statements and related disclosures, as well as critical accounting policies and practices used by us with management and our independent registered public accounting firm; coordinating the oversight and reviewing the adequacy of our internal control over financial reporting; establishing policies and procedures for the receipt and retention of accounting-related complaints and concerns; recommending based upon the audit committee's review and discussions with management and our independent registered public accounting firm whether our audited financial statements shall be included in our Annual Report on Form 10-K; 7 monitoring the integrity of our consolidated financial statements and our compliance with legal and regulatory requirements as they relate to our consolidated financial statements and accounting matters;

View Full Filing

View this DEF 14A filing on SEC EDGAR