Adapti, Inc. (ADTI): debt financing — Adapti subsidiary Ballengee Group enters $3M revolving loan with Texas Security Bank

Adapti, Inc.

Ballengee Group LLC (wholly-owned Adapti subsidiary) can borrow up to $3M revolving loan from Texas Security Bank.
Loan matures Feb 28, 2027; interest at Prime Rate plus 0.50% (max allowed by Texas law).
Loan secured by substantially all assets of Ballengee Group, including accounts, inventory, and intellectual property.
Cross-default cross-collateralization with separate $2M Monitor loan secured by real property at 2278 Monitor St.
Adapti Inc. is not a party to or guarantor of the loan documents or the Monitor loan.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Adapti, Inc. incurred revolving credit of up to $3,000,000 with Texas Security Bank at Prime Rate plus 0.50% maturing February 28, 2027.

Instrument: revolving credit
Principal: up to $3,000,000
Counterparty: Texas Security Bank
Rate: Prime Rate plus 0.50%
Maturity: February 28, 2027
Event: incurrence

Exact text from the filing

On November 3, 2025 (“Effective Date”), Ballengee Group, LLC (“Borrower”), a Texas limited liability company and wholly-owned subsidiary of Adapti, Inc. (the “Company”), entered into a revolving loan agreement allowing Borrower to borrow up to $3,000,000 (“Loan Agreement”) from Texas Security Bank (“Lender”).

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Adapti, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-25-022331

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