other material
confidence high
sentiment neutral
materiality 0.60
Scepter Holdings to change name to Adapti, approves 1-for-4000 reverse stock split
Adapti, Inc.
- Name change from Scepter Holdings, Inc. to Adapti, Inc. approved by shareholders and board.
- Reverse stock split 1-for-4000 effective April 16, 2025; shares reduced from ~6.13B to ~1.53M.
- Authorized shares increased from 20B to 40B.
- Name change and split trading not yet effective; pending FINRA approval.
- New CUSIP 813924107 subject to FINRA approval.