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BCS

Current Report · Items 5.02 · 8-K

AppTech Payments Corp.

APCXOTCEQUITYCurrent

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 1, 2026, AppTech Payments Corp. (the “Company”) released Thomas J. DeRosa from his roles as President and Chief Executive Officer of the Company, effective immediately. Mr.…

Filed Jul 10, 2026Accepted Jul 10, 2026, 11:11 AM EDTCIK 1070050Accession 0001683168-26-005441
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Company context

Current securities

Historical securities (5)

Recent company filings

  1. Regulation FD DisclosureOct 23, 2026
  2. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory ArrangementsOct 6, 2026
  3. Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity SecuritiesOct 5, 2026
  4. 4 filingSep 3, 2026
  5. 4 filingAug 31, 2026

Registered securities in this filing

AppTech Payments Corp. · 8-K · Filed 2026-07-10

As filed in this accession. Current/historical status below comes from the governed listing record; the cover itself remains exact to this filing.

Common stock, par value $0.001 per share

Symbol
APCX
Exchange
Not supplied
Classification
COMMON
Filing context

Context: From2026-07-012026-07-01_custom_CommonStockParValue0.001PerShareMember

Dimensions: us-gaap:StatementClassOfStockAxis

Warrants, each whole warrant exercisable for one share of common stock

Symbol
APCXW
Exchange
Not supplied
Classification
WARRANT
Filing context

Context: From2026-07-012026-07-01_custom_WarrantsEachWholeWarrantExercisableForOneShareOfCommonStockAtExercisePriceOf5.19Member

Dimensions: us-gaap:StatementClassOfStockAxis

Accession 000168316826005441 · 2 registered-security cover members

Read the exact SEC filing ↗

Disclosure sections

Items 5.02

Select an item to read the extracted section. The as-filed document remains the primary evidence.

Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 1, 2026, AppTech Payments Corp. (the “Company”) released Thomas J. DeRosa from his roles as President and Chief Executive Officer of the Company, effective immediately. Mr. DeRosa will continue to serve as a member of the Company’s Board of Directors (the “Board”). Also on July 1, 2026, the Company appointed Felipe A. Corrado IV, age 47, as Interim Chief Executive Officer of the Company. In this capacity, he will serve as the Company’s Chief Financial Officer and Chief Executive Officer until, when, and if the Company’s Board appoints a replacement. Mr. Corrado has served as the Company’s Chief Financial Officer and Treasurer since December 2024, and before that was a Management Consultant at the Company since 2021. Mr. Corrado has over two decades of experience as an owner/operator, CFO, management consultant, financial analyst, practicing CPA, and auditor. His areas of expertise include financial due diligence/quality of earnings, forensic, fraud, restructurings, corporate turnarounds, corporate investigations, litigation support and economic damage calculation engagements on behalf of private equity investors, lenders, attorneys, and public and private companies. As a consultant, he has performed diligences on over 150 acquisitions and financing deals across the U.S., South America, Central America, Mexico, Asia and Canada. He spent years with Walt Disney Records earlier in his career, honing his financial modeling and analysis skills. Prior to working for The Walt Disney Company, he worked for PricewaterhouseCoopers, LLP, auditing and consulting for multiple venture capital, private equity, hedge, and mutual fund clients. Most recently, Mr. Corrado worked as a Senior Manager in the transaction advisory services for BDO, LLP. There are no arrangements or understandings between Mr. Corrado and any other person pursuant to which he is being appointed as Interim Chief Executive Officer of the Company. There are no family relationships between Mr. Corrado and any director or executive officer of the Company. Mr. Corrado does not have a direct or indirect material interest in any transaction requiring disclosure under Item 404(a) of Regulation S-K. Mr. Corrado’s compensation was changed to $300,000 in connection with this appointment.

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