SEC Filing Summary for Adapti, Inc. (ADTI)

This filing details changes in beneficial ownership for Jeffrey Thomas Campbell, who was appointed Executive Chairman on 8/14/2025. Campbell directly owns 1,785 shares of Common Stock and indirectly owns 10,000 shares through the Campbell Trust. The filing also discloses two convertible promissory notes. The first is a 5% subordinated note with a principal of $492,800, issued as a bonus for the Ballengee Group, LLC acquisition, convertible into 166,290 shares of Common Stock at a price of $3.08 per share. The second is a 12% convertible promissory note purchased for $100,000 on 9/24/2024, convertible into 38,978 shares of Common Stock at $3.08 per share, with interest and a bridge fee. Both notes are convertible by the holder at any time and may be subject to beneficial ownership limitations.