Exchange Listing LLC announced that its client, AppTech Payments Corp. (“AppTech Payments Corp.” or the “Company”) (Nasdaq: “APCX”) finalized its Nasdaq Capital Markets listing on January 5, 2022. Exchange Listing advised AppTech Payments on all aspects of preparation and execution of the listing.
Simultaneous with the NASDAQ listing, AppTech announced the pricing of its underwritten public offering of 3,614,458 units, each unit consisting of one share of common stock (the “Common Stock”) and one warrant (the “Warrants”) to purchase one share of Common Stock, at a public offering price of $4.15 per unit, for aggregate gross proceeds of approximately $15.0 million, prior to deducting underwriting discounts, commissions, and other estimated offering expenses. The offering is expected to close on or about January 7, 2022, subject to satisfaction of customary closing conditions.
EF Hutton, a division of Benchmark Investments, LLC, acted as the sole book-running manager for the offering.
Based in Carlsbad, CA, the emerging fintech Company operates an embedded, highly secure digital payments and banking platform that powers commerce experiences for clients and their customers. The Company’s patented and proprietary software delivers innovative payments, banking and financial services experiences that can be taken “off-the-shelf” or connected to AppTech’s proprietary RESTful API system.
“The Exchange Listing team advised us throughout the listing and financing process as well as to troubleshoot issues related to some of the most critical and sensitive milestones,” explains Luke D’Angelo, Chief Executive Officer and Executive Director, AppTech Payments Corp. “We would not be trading on the Nasdaq today without their incredible support and guidance throughout this complex experience.”
“In tracking the fintech sector, the AppTech Payments financial technology model is extremely cutting edge and scalable,” asserted Peter Goldstein, Exchange Listing CEO. “In a post-COVID world, the Company’s innovative payment technology and broad array of product offerings will satisfy customer expectations and operational requirements,” he added.
Exchange Listing provides companies with cost-effective and efficient direct access to one-stop solutions in the strategic planning and implementation of listing on senior exchanges such as the Nasdaq or NYSE. Focusing on company-specific structuring to meet listing requirements, Exchange Listing serves as the primary point of contact with the exchange, investment bankers and lawyers throughout the listing process. With extensive experience in investment banking, securities law, corporate governance and business management, Exchange Listing and its strategic partners facilitate clients’ listing and capital markets objectives.
About Exchange Listing
Exchange Listing provides growth companies with direct access to a one-stop solution in the strategic planning and implementation of listing on a senior exchange such as NASDAQ or NYSE in a cost effective and efficient process. We assist clients in going public whether through an initial public offering, listing from another marketplace, merger or direct offering. We serve as the primary point of contact with the exchange, investment bankers, lawyers and other service providers. Our founders, strategic partners and advisors are entrepreneurs with backgrounds in investment banking, securities law, corporate governance and business management and have served as officers and directors of public and private companies. We pride ourselves in taking a hands-on role with our clients throughout the listing process. For more information, please visit: www.exchangelistingllc.com or contact info@exchangelistingllc.com.
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WantLeverage Communications
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