Research analysts covering Adapti.
Recent press releases and 8-K filings for ADTI.
Adapti, Inc. Appoints Chief Revenue Officer and Issues Stock Warrant
ADTI
Management Change
Executive Compensation
Hiring
- Adapti, Inc. appointed Omar Karim as its Chief Revenue Officer on November 18, 2025.
- Mr. Karim's initial base salary is $180,000 per annum, which will accrue until the company reaches a $1,000,000 funding threshold from equity sales, at which point it will increase to $300,000 per annum.
- In connection with his employment, Mr. Karim received a Common Stock Purchase Warrant to acquire up to 240,000 shares of common stock at an exercise price of $3.08 per share.
- The warrant vests over four years, with 48,000 shares vesting on the effective date (November 18, 2025) and an additional 48,000 shares vesting on each yearly anniversary thereafter.
Nov 24, 2025, 10:16 PM
Adapti, Inc. Enters into Revolving Loan Agreement with Texas Security Bank
ADTI
Debt Issuance
New Projects/Investments
- Adapti, Inc. (Borrower) has entered into a Revolving Loan Agreement with Texas Security Bank (Lender), secured by substantially all of Adapti's assets.
- The Revolving Loan is guaranteed by James Ballengee and the Mary Helen Ballengee Trust.
- A related entity, 2278 Monitor, LLC, also secured a loan of up to $2,000,000 from the same Lender, which Adapti, Inc. guaranteed. A cross-default cross collateralization agreement links both loans, meaning a default on one triggers a default on the other.
- Adapti, Inc. is required to maintain a Debt Service Coverage Ratio of at least 1.25 to 1.00, commencing with the fiscal quarter ending December 31, 2025.
- The loan terms require Adapti, Inc. to repay the outstanding principal balance and accrued interest to $0.00 for at least thirty (30) consecutive days annually between July 31st and December 31st.
Nov 13, 2025, 9:23 PM
Adapti, Inc. issues convertible promissory note to executive chairman
ADTI
Debt Issuance
Convertible Preferred Issuance
- Adapti, Inc. (ADTI) issued a 17.5% Original Issue Discount Senior Convertible Promissory Note with a principal amount of $181,818 in exchange for $150,000 in cash on September 15, 2025.
- The note was issued to Jeff Campbell, the Company's executive chairman and an accredited investor.
- The note has a maturity date of December 14, 2025, and will accrue interest at 20% for every ninety-day period if not paid or converted by the maturity date.
- It is convertible into common stock at the election of the holder at a price per share equal to the lesser of $3.08 or 70% of the closing price on the conversion date, subject to a beneficial ownership limitation of 4.99%.
Sep 18, 2025, 9:04 PM
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