logo
AppTech Payments Corp. Begins Trading on OTCQB® and has Director and Officer Departures

AppTech Payments Corp. Begins Trading on OTCQB® and has Director and Officer Departures

Globe and Mail20-05-2025
CARLSBAD, Calif., May 20, 2025 (GLOBE NEWSWIRE) -- AppTech Payments Corp. ('AppTech or the 'Company') (OTCQB: APCX), a fintech company, today announced the Company was notified by The Nasdaq Stock Market LLC ('Nasdaq') that as a result of the Company's previously disclosed noncompliance with Nasdaq Listing Rule 5550(a)(2), Nasdaq has determined to delist the Company's common stock and warrants from the Nasdaq Capital Market and, accordingly, has suspended trading in the Company's common stock and warrants effective at the open of business, May 20, 2025.
The Company's common stock and warrants are quoted on the OTC Markets' OTCQB® market tier, an electronic quotation service operated by OTC Markets Group Inc. for eligible securities traded over the counter. The Company's common stock and warrants began trading on the OTCQB® market tier at the open of business on May 20, 2025, under its current trading symbols, APCX and APCXW.
APCX share price can now be tracked at the following link: https://www.otcmarkets.com/stock/APCX/quote
APCXW share price can now be tracked at the following link: https://www.otcmarkets.com/stock/APCXW/quote
The transition to the quotation of the Company's common stock and warrants on the OTC Markets will have no effect on the Company's operations. It will continue to file all required reports with the SEC under applicable federal securities laws, which will be available on the SEC's website, www.SEC.gov.
Tom DeRosa, CEO of AppTech Payments Corp., commented:
'While we are naturally disappointed by the delisting, our focus remains firmly on our growth strategy. We are increasingly confident in our revenue outlook.'
On May 19, 2025, Luke D'Angelo resigned as Chairman of the Company's Board of Directors and as an employee of AppTech Payments Corp. (the 'Company'). Mr. D'Angelo's resignation was not due to a disagreement with the Company on any matter relating to the Company's operations, policies, or practices. A replacement has not been determined at this time.
On May 19, 2025, Virgilio Llapitan resigned as President, Chief Operating Officer & Director of AppTech Payments Corp. (the 'Company'). Mr. Llapitan's resignation was not due to a disagreement with the Company on any matter relating to the Company's operations, policies, or practices. A replacement has not been determined at this time.
About AppTech Payments Corp.
AppTech Payments Corp. (NASDAQ: APCX) provides digital financial services for financial institutions, corporations, small and midsized enterprises ('SMEs'), and consumers through the Company's scalable cloud-based platform architecture and infrastructure. For more information, please visit apptechcorp.com.
Forward-Looking Statements
This press release may contain forward-looking statements that are inherently subject to risks and uncertainties. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as 'anticipate, believe, estimate, expect, forecast, intend, may, plan, project, predict, should, will' and similar expressions as they relate to AppTech are intended to identify such forward-looking statements. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in methods of marketing, delays in manufacturing or distribution, changes in customer order patterns, changes in customer offering mix, and various other factors beyond the Company's control. Actual events or results may differ materially from those described in this press release due to any of these factors. AppTech is under no obligation to update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
AppTech Payments Corp.
760-707-5959
info@apptechcorp.com
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Cinemark to Dual List Common Stock on NYSE Texas
Cinemark to Dual List Common Stock on NYSE Texas

Globe and Mail

time34 minutes ago

  • Globe and Mail

Cinemark to Dual List Common Stock on NYSE Texas

Cinemark Holdings, Inc. ('Cinemark') (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, today announced the dual listing of its common stock on NYSE Texas, the newly launched, fully electronic equities exchange headquartered in Dallas, Texas. Cinemark has been listed on the New York Stock Exchange (NYSE) since 2007, and this dual listing further strengthens its longstanding relationship with the exchange. Cinemark will retain its primary listing on the NYSE and will trade under the ticker symbol 'CNK' on both exchanges. 'We have a deep-rooted presence in Texas - with more than 25% of our domestic theaters in the Lone Star State, our company service center in Plano, and thousands of team members serving millions of guests throughout the state each year,' said Sean Gamble, Cinemark President and CEO. 'We are thrilled to further strengthen our connection to Texas through our dual listing on NYSE Texas while supporting the state's expanding financial ecosystem and providing opportunities for investors focused on localized, regional market opportunities.' 'As a leading movie theater company based in Texas, Cinemark is a natural addition to our community of NYSE Texas Founding Members,' said Bryan Daniel, President, NYSE Texas. About Cinemark Holdings, Inc.: Headquartered in Plano, TX, Cinemark (NYSE: CNK) is one of the largest and most influential movie theater companies in the world. Cinemark's circuit, comprised of various brands that also include Century, Tinseltown and Rave, as of June 30, 2025 operated 497 theaters with 5,647 screens in 42 states domestically and 13 countries throughout South and Central America. Cinemark consistently provides an extraordinary guest experience from the initial ticket purchase to the closing credits, including Movie Club, the first U.S. exhibitor-launched subscription program; the highest Luxury Lounger recliner seat penetration among the major players; XD - the No. 1 exhibitor-brand premium large format; and expansive food and beverage options to further enhance the moviegoing experience. For more information go to

LILYSILK Launches First-Ever Activewear Line with Innovative SILKERRY™ Fabric
LILYSILK Launches First-Ever Activewear Line with Innovative SILKERRY™ Fabric

Globe and Mail

timean hour ago

  • Globe and Mail

LILYSILK Launches First-Ever Activewear Line with Innovative SILKERRY™ Fabric

NEW YORK , Aug. 18, 2025 /CNW/ -- LILYSILK, the world's leading silk brand dedicated to inspiring people to live spectacular, sustainable lives, has unveiled the SILKERRY™ Collection, its first activewear line crafted from the brand's proprietary silk-enhanced terry fabric. Designed to unite luxury with ease, SILKERRY™ combines the breathable plushness of cotton terry with the naturally cooling, skin-friendly qualities of high-content natural silk. The launch marks LILYSILK's entry into the modern activewear category, offering pieces that transition effortlessly from yoga studios to urban streets. SILKERRY™ redefines terry fabric by weaving natural silk fibers directly into the cotton terry interior, creating an ultra-smooth surface that glides over skin, reduces friction, and helps maintain freshness through silk's natural antimicrobial properties. Its high thermal conductivity draws heat away for instant cooling, while moisture-wicking capabilities keep the wearer comfortable during movement. The outer layer of natural cotton terry provides structure, breathability, and durability, ensuring each piece retains its shape and softness through repeated wear and washing. The creation of SILKERRY™ is rooted in LILYSILK's 15 years of consumer research, which identified a shift in modern lifestyles. Activewear has evolved beyond gym use into an everyday wardrobe staple, with consumers seeking garments that combine functional versatility with refined aesthetics. LILYSILK's response is a collection that meets this demand, offering a seamless balance of elegance and versatility. "Activewear isn't just for the gym anymore. As fitness, work, and life blend seamlessly, people expect apparel that delivers both style and elegance," said David Wang , CEO of LILYSILK. "SILKERRY™ brings the luxury of silk into movement apparel, creating pieces that move effortlessly from yoga mats to city streets." The debut SILKERRY™ Collection introduces three distinct style lines, each with its own concept and signature piece, and all available in four versatile colorways—Black, Heather, Espresso, and Blush Pink. Seamflow, inspired by the rhythm and structure of city life, blends polished design with easy movement, highlighted by the hip-length, oversized Seamflow Verge Hoodie with practical pockets and a smooth zip closure. Porchlight captures the warmth and ease of everyday living, offering relaxed yet refined silhouettes such as the soft-waistband Porchlight Lounge Shorts, ideal from home to café. Heirloom '89 pays tribute to timeless classics with a touch of vintage sport, anchored by the roomy yet refined Heirloom '89 Zip Jacket, designed for comfort, confidence, and lasting style. Discover the SILKERRY™ Collection and more at

Stock Market News for Aug 18, 2025
Stock Market News for Aug 18, 2025

Globe and Mail

timean hour ago

  • Globe and Mail

Stock Market News for Aug 18, 2025

Wall Street closed lower on Friday, pulled down by tech and financial stocks. Investor mood remained subdued on falling chip stocks and weak consumer sentiment numbers. A Fed official remained cautious in his remarks about expected rate cuts. Two of the three benchmark indexes closed in the red, while one remained virtually unchanged. How Did the Benchmarks Perform? The Dow Jones Industrial Average (DJI) remained virtually unchanged, rising less than 0.1%, or 34.86 points, to close at 44,946.12. Seventeen components of the 30-stock index ended in negative territory, while 13 ended in positive. The tech-heavy Nasdaq Composite fell 87.69 points, or 0.4%, to 21,622.98. The S&P 500 lost 18.74 points, or 0.3%, to close at 6,449.80. Five of the 11 broad sectors of the benchmark index closed in the red. The Financials Select Sector SPDR (XLF), the Technology Select Sector SPDR (XLK) and the Industrials Select Sector SPDR (XLI) declined 1%, 0.8% and 0.5%, respectively, while the Health Care Select Sector SPDR (XLV) gained 1.7%. The fear gauge CBOE Volatility Index (VIX) increased 1.8% to 15.09. A total of 16.3 billion shares were traded on Friday, lower than the last 20-session average of 18.2 billion. Decliners outnumbered advancers by a 1.30-to-1 ratio on the NYSE, and by a 1.36-to-1 ratio on the Nasdaq. Chip Stocks Weigh on the Markets On Friday, while the broader market awaited the results of the meeting between President Trump and President Putin in Alaska with bated breath, chip stocks ended lower on Wall Street as a mix of corporate and political pressures weighed heavily on the sector. The biggest catalyst was President Donald Trump floating the possibility of raising tariffs on imported semiconductors to as high as 300%. The prospect of such extreme trade barriers rattled investors, as it would disrupt supply chains, inflate costs and dampen global competitiveness for U.S. chipmakers. Shares of AMD, NVIDIA and Broadcom slipped over 1% each, as investors weighed the risks of escalating protectionism on an industry that relies heavily on international production and distribution. One exception within the sector was Intel Corporation INTC, which bucked the downward trend and gained nearly 3%. Reports suggested that the company could benefit from increased U.S. government support through CHIPS Act funding, a factor that temporarily insulated it from the wider selloff. Yet, the combination of weak earnings guidance, tariff threats and profit-taking left most chip stocks struggling, making semiconductors one of the day's weakest corners of the market. Consequently, shares of Advanced Micro Devices, Inc. AMD and Broadcom Inc. AVGO fell 1.9% and 1.6%, respectively. While AMD currently carries a Zacks Rank #3 (Hold), AVGO carries a Zacks Rank of 2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Goolsbee's Cautious Inflation Warning Tempers Rate-Cut Hopes Chicago Fed President Austan Goolsbee left open the possibility of a rate cut in September or later this fall, but urged caution due to recent surges in services and producer inflation, calling them a potential 'note of unease' that warrants more reassuring data before the Fed moves forward. His cautious tone, paired with unexpected inflation data, lifted Treasury yields while tempering Wall Street's rate-cut expectations. Weekly Roundup Last week, Wall Street extended gains as all three major indexes advanced. The Dow Jones rose about 1.7%, the S&P 500 added roughly 0.9% and the Nasdaq gained 0.8%. The optimism was fueled by softer inflation data, which reinforced expectations for a potential Fed rate cut in September. A strong batch of corporate earnings further lifted sentiment, showing resilience despite lingering inflationary pressure. Though Friday ended with modest pullbacks, the week overall reflected confidence in economic stability and monetary policy support. Economic Data Per a Fed report, Industrial Production for July decreased 0.1% in July after rising 0.4% in June. The number for June was revised up from the previously reported 0.3% increase. Capacity Utilization decreased to 77.5% in July. The number for June was revised up to 77.7% from the previously reported 77.6%. The U.S. Census Bureau reported that Retail Sales for July had increased 0.5%. The number for June was revised to a 0.9% increase from the previously reported 0.6%. Core retail sales increased 0.3% in July after increasing 0.8% in June. Per the Census Bureau, Business Inventories for June increased 0.2% after remaining unchanged in May. A New York Fed report suggested that the NY Empire State Index for August had come in at 11.9, after coming in at 5.5 in July. Per a preliminary report by the University of Michigan, Consumer Sentiment for August had decreased to 58.6, after coming in at 61.7 in the month prior. Free Report: Profiting from the 2nd Wave of AI Explosion The next phase of the AI explosion is poised to create significant wealth for investors, especially those who get in early. It will add literally trillion of dollars to the economy and revolutionize nearly every part of our lives. Investors who bought shares like Nvidia at the right time have had a shot at huge gains. But the rocket ride in the "first wave" of AI stocks may soon come to an end. The sharp upward trajectory of these stocks will begin to level off, leaving exponential growth to a new wave of cutting-edge companies. Zacks' AI Boom 2.0: The Second Wave report reveals 4 under-the-radar companies that may soon be shining stars of AI's next leap forward. Access AI Boom 2.0 now, absolutely free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intel Corporation (INTC): Free Stock Analysis Report Broadcom Inc. (AVGO): Free Stock Analysis Report

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store