AppTech Payments enters USD 500,000 9% promissory note with Suzanne D. Lord trust
Reuters2026/08/14 19:15Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- AppTech Payments entered a USD 500,000 promissory note with the Suzanne D. Lord Spousal Estate Reduction Trust on Aug. 10, 2026.
- Proceeds earmarked for short-term working capital, general corporate purposes.
- Note carries 9% annual interest, matures 90 days from issuance, no principal or interest due until maturity.
- Company can prepay at any time without penalty, subject to paying accrued interest.
- Deal treated as a related-party transaction due to trustee role held by board chair Albert L. Lord, Jr.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AppTech Payments Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-006467), on August 14, 2026, and is solely responsible for the information contained therein.
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