leadership
confidence high
sentiment neutral
materiality 0.55
CFO resigns, CEO assumes interim financial role; separation agreement includes conditional payments up to $155k
Adapti, Inc.
- CFO Marilu Brassington resigned effective March 2, 2026; no disagreement with company.
- CEO Adam Nicosia appointed interim principal financial and accounting officer; no additional compensation.
- Separation agreement: $15k salary through Mar 31, 2026; $80k accrued consulting fees conditional on Reg A raises ($500k/$1M net proceeds).
- Also $60k in common stock (value at Mar 31, 2026 close) and accelerated vesting of 50,000 options (exercise price $3.08, expiring 2030).
- Company retained outside consulting firm to support Nicosia in financial duties.