AppTech Payments Corp. Granted Extension for Continued Listing on Nasdaq

CARLSBAD, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (“AppTech or the “Company”) (NASDAQ: APCX) a pioneering Fintech company powering frictionless commerce, today announced that it received notice from the Nasdaq Hearings Advisor (the “Hearings Panel”) of The Nasdaq Stock Market LLC (“Nasdaq”) that the Hearings Panel has granted the Company’s request to continue its listing on The Nasdaq Stock Market, subject to the Company meeting certain conditions, including filing on or before March 31, 2025, a public disclosure describing that the shareholders’ equity deficiency has been cured and the Company plans on including the detailed requested information in its 2023 10-K filing anticipated to be filed on or before March 15, 2025. The Company was also given until May 5, 2025, to regain compliance with Nasdaq’s $1 minimum bid price per share requirement. The Panel granted our request to attempt to increase the bid price of our stock organically, based in part on our declaration that we were already in compliance with the Equity Rule.

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