---
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"
generated_at: "2026-05-17T06:14:01.766991+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Adapti issues $181,818 convertible note to executive chairman for $150,000 cash

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-014094
- JSON: https://secwatch.observer/filing/0001493152-25-014094.json
- Plain text: https://secwatch.observer/filing/0001493152-25-014094.txt

## Key facts
- Debt Financings
  Adapti, Inc. incurred convertible notes of $181,818 with Jeff Campbell at 20% for every 90 day period thereafter maturing December 14, 2025.
  - Instrument: convertible notes
  - Principal: $181,818
  - Counterparty: Jeff Campbell
  - Rate: 20% for every 90 day period thereafter
  - Maturity: December 14, 2025
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1420924/000149315225014094/0001493152-25-014094-index.htm
- Equity Issuances
  Adapti, Inc. issued $181,818 principal amount of convertible note to Jeff Campbell for $150,000 in cash.
  - Security: convertible note
  - Shares: $181,818 principal amount
  - Purchaser: Jeff Campbell
  - Consideration: $150,000 in cash
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1420924/000149315225014094/0001493152-25-014094-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.