AppTech Announces $5,000,000 Common Equity Raise and Board Member Changes
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AppTech has announced a $5 million common equity raise with shares priced at $0.96 each. The company may raise an additional $14 million through warrant exercises. Additionally, there are changes in the board members.
December 17, 2024 | 12:45 pm
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AppTech has raised $5 million through a common equity offering at $0.96 per share, with potential for an additional $14 million from warrant exercises. The company also announced changes to its board members.
The equity raise provides AppTech with immediate capital, which can be used for growth or operational needs. The potential for additional funds from warrants further strengthens its financial position. Changes in board members may also impact strategic direction. Overall, these developments are likely to have a positive short-term impact on the stock price.
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