AppTech Files Pro Forma Financials for Infinitus Pay Acquisition

summarizeSummary

AppTech Payments Corp. filed an amendment to its prior 8-K, providing audited and pro forma financial statements for its acquisition of Infinitus Pay Inc., a cross-border payments technology company.

check_boxKey Events

• Acquisition Financials Disclosed

  The filing provides audited financial statements for Infinitus Pay Inc. and unaudited pro forma financial statements for the combined AppTech Payments Corp. and Infinitus entity.

• Acquisition Terms Confirmed

  The acquisition consideration includes an initial $2 million cash payment, 5 million newly-issued shares, 4 million warrants exercisable at $3.00, and a potential additional $1 million cash payment based on revenue milestones.

• Significant Dilution

  The transaction involves the issuance of 6 million shares (5 million to sellers, 1 million for financing) and 4 million warrants, representing substantial potential dilution for existing shareholders.

• Infinitus Financial Performance

  Infinitus Pay Inc. reported $268,000 in total revenues and $13,000 in net income for the nine months ended September 30, 2025, indicating a growing and profitable business.

auto_awesomeAnalysis

This 8-K/A provides critical financial details for AppTech's acquisition of Infinitus Pay Inc., which was initially reported on October 31, 2025. The amendment includes audited financials for Infinitus and unaudited pro forma financials for the combined entity, allowing investors to assess the impact of this significant transaction. The acquisition involved a mix of cash, newly issued shares, and warrants, leading to substantial potential dilution for existing shareholders. While Infinitus Pay Inc. is a growing and profitable company, its integration into AppTech, as shown by the pro forma statements, still results in a combined entity operating at a significant net loss. The strategic rationale for acquiring cross-border payment technology is clear, but the financial terms and the resulting dilution warrant close attention.