Washington, D.C. – Firm securities partner Andy Tucker and associate Kaylen Loflin closed an underwritten public offering of $15 million. The team represented the issuer, AppTech Payments Corp. (“AppTech”). The offering consisted of 3,614,458 units with each unit consisting of one share of common stock and one warrant to purchase one share of common stock, at a public offering price of $4.15 per unit, for aggregate gross proceeds of approximately $15 million.

AppTech is a publicly listed FinTech company utilizing innovative payment processing and digital banking technologies to complement core merchant services capabilities. The company provides progressive and adaptable products that are available through a suite of synergistic offerings directly to merchants, banking institutions and business enterprises.

EF Hutton, division of Benchmark Investments, LLC,  acted as sole book-running manager for the offering.

Tucker is a corporate and securities advisor to growing companies, particularly in the technology and government contracting sectors. He assists his clients with a broad variety of transactional support, including venture capital and private equity transactions, joint ventures, mergers and acquisitions, and public and private securities offerings.

Loflin focuses her practice on securities and corporate law. She represents both investment banks and issuers in a wide variety of public and private offerings, including initial public offerings, follow-on offerings, Rule 144A offerings of equity or debt, and private placements.

Established in 1897, Nelson Mullins is an Am Law 100 firm that has more than 850 attorneys and government relations professionals with offices in 11 states and Washington, DC. For more information on the firm, go to www.nelsonmullins.com.