Appyea director Molchadsky sells $39975 in stock

Published 05/09/2025, 22:32
Appyea director Molchadsky sells $39975 in stock

Director Boris Molchadsky of Appyea, Inc (NASDAQ:APYP), a company with a market capitalization of $15.08 million, recently sold 3,750,000 shares of common stock in two separate transactions, according to a Form 4 filing with the Securities and Exchange Commission. The sales amounted to a total value of $39,975. According to InvestingPro data, APYP has shown strong momentum with a 109% return over the past six months.

On August 25, 2025, Molchadsky sold 3,000,000 shares at a price of $0.01 per share. Following this, on September 2, 2025, he sold an additional 750,000 shares at $0.0133 per share. The transactions were private, non-market transactions.

Following the reported transactions, Molchadsky directly owns 96,004,464 shares of Appyea, Inc. The sales were reported on September 5, 2025. Based on current market prices, this position represents a significant stake in the company, which currently shows a Fair Value gap according to InvestingPro calculations.

In other recent news, AppYea , Inc. has made significant strides by entering into a series of agreements to acquire blockchain-based lottery technology from Techlott Ltd., a private company based in Cyprus. This acquisition includes all rights to Techlott’s decentralized lottery ecosystem, which utilizes smart contracts and verifiable randomness. As part of the deal, Techlott will receive a substantial amount of AppYea’s common stock, accounting for 35% of the company’s fully diluted share capital. The transaction is expected to close by the end of September 2025, contingent upon an increase in AppYea’s authorized share capital.

In addition to this agreement, AppYea has officially acquired Techlott’s blockchain-based lottery and gaming platform, signaling a strategic pivot towards the institutional lottery market. The newly acquired platform addresses existing limitations in traditional lottery systems with its blockchain architecture, featuring on-chain draw logic and an immutable audit trail for regulatory compliance. These developments mark a significant shift in AppYea’s business strategy as it moves to harness blockchain technology in the lottery sector.

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