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

Issuer:     Adapti, Inc. (ADTI)
CIK:        0001420924
Form:       8-K
Filed at:   2026-03-06T23:59:59+00:00
Accession:  0001493152-26-009046
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 5.02, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CFO resigns, CEO assumes interim financial role; separation agreement includes conditional payments up to $155k
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1420924/000149315226009046/0001493152-26-009046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1420924/000149315226009046/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-009046

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