---
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"
generated_at: "2026-05-16T20:17:00.611356+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Adapti subsidiary Ballengee Group enters $3M revolving loan with Texas Security Bank

## Summary
- 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.

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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-022331
- JSON: https://secwatch.observer/filing/0001493152-25-022331.json
- Plain text: https://secwatch.observer/filing/0001493152-25-022331.txt

## Key facts
- Debt Financings
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1420924/000149315225022331/0001493152-25-022331-index.htm

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