secwatch.observer — SEC 8-K summary
======================================

Issuer:     Adapti, Inc. (ADTI)
CIK:        0001420924
Form:       8-K
Filed at:   2025-11-24T23:59:59+00:00
Accession:  0001493152-25-024849
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 5.02, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Adapti appoints Omar Karim as Chief Revenue Officer; grants warrant for 240,000 shares
--------------------------------------------------------------------------------

- Omar Karim appointed CRO effective Nov 18, 2025; base salary $180K accrues until co raises $1M or Board deems adequately capitalized, then rises to $300K.
- Karim receives 5-year warrant to purchase 240,000 shares at $3.08; immediate vesting of 48,000 shares, with 48,000 annually thereafter.
- Severance: 6 months' base salary if terminated without cause after Funding Threshold; partial warrant acceleration.
- No family relationships with directors/officers; entered into standard confidentiality and invention assignment agreement.
- Prior roles include founder/president of MAB Ventures (digital marketing agency), VP at PayDivvy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1420924/000149315225024849/0001493152-25-024849-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1420924/000149315225024849/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-024849

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer