{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-014094","form_type":"8-K","ticker":"ADTI","cik":"0001420924","company_name":"Adapti, Inc.","filed_at":"2025-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.951784+00:00","generated_at":"2026-05-17T06:14:01.766991+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Adapti issues $181,818 convertible note to executive chairman for $150,000 cash","bullets":["Note issued to executive chairman Jeff Campbell with 17.5% OID; principal $181,818 for $150,000 cash.","Maturity December 14, 2025; interest at 20% per 90 days if not paid or converted.","Conversion price lesser of $3.08 or 70% of closing price; beneficial ownership limit 4.99%.","Note is unregistered and sold under exemption; prepayable at any time."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-014094","json":"https://secwatch.observer/filing/0001493152-25-014094.json","markdown":"https://secwatch.observer/filing/0001493152-25-014094.md","text":"https://secwatch.observer/filing/0001493152-25-014094.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1420924/000149315225014094/0001493152-25-014094-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1420924/000149315225014094/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:14:01.766991+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4740517bf202a4879b836a35f687bcc795fd935b","claim":"Adapti, Inc. incurred convertible notes of $181,818 with Jeff Campbell at 20% for every 90 day period thereafter maturing December 14, 2025.","evidence_excerpt":"issued a 17.5% Original Issue Discount Senior Convertible Promissory Note (the “Note”) in the principal amount of $181,818 (“Principal Amount”) in exchange for $150,000 in cash.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1420924/000149315225014094/0001493152-25-014094-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$181,818"},{"label":"Counterparty","value":"Jeff Campbell"},{"label":"Rate","value":"20% for every 90 day period thereafter"},{"label":"Maturity","value":"December 14, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"0a30ba319e13f9e0bbfb5272c0e48ce188f71d2a","claim":"Adapti, Inc. issued $181,818 principal amount of convertible note to Jeff Campbell for $150,000 in cash.","evidence_excerpt":"On September 15, 2025, Adapti, Inc. (“Company”) issued a 17.5% Original Issue Discount Senior Convertible Promissory Note (the “Note”) in the principal amount of $181,818 (“Principal Amount”) in exchange for $150,000 in cash. The Note was issued to Jeff Campbell, the Company’s executive chairman, and an accredited investor.","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1420924/000149315225014094/0001493152-25-014094-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"convertible note"},{"label":"Shares","value":"$181,818 principal amount"},{"label":"Purchaser","value":"Jeff Campbell"},{"label":"Consideration","value":"$150,000 in cash"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}