{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-022331","form_type":"8-K","ticker":"ADTI","cik":"0001420924","company_name":"Adapti, Inc.","filed_at":"2025-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.372520+00:00","generated_at":"2026-05-16T20:17:00.611356+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Adapti subsidiary Ballengee Group enters $3M revolving loan with Texas Security Bank","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-022331","json":"https://secwatch.observer/filing/0001493152-25-022331.json","markdown":"https://secwatch.observer/filing/0001493152-25-022331.md","text":"https://secwatch.observer/filing/0001493152-25-022331.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1420924/000149315225022331/0001493152-25-022331-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1420924/000149315225022331/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T20:17:00.611356+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":"be3e513c8b5be23a3879db4587f062130fa8f44a","claim":"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.","evidence_excerpt":"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”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1420924/000149315225022331/0001493152-25-022331-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"up to $3,000,000"},{"label":"Counterparty","value":"Texas Security Bank"},{"label":"Rate","value":"Prime Rate plus 0.50%"},{"label":"Maturity","value":"February 28, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}