Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Adapti, Inc.: Amended articles of incorporation to change corporate name from Scepter Holdings, Inc. to Adapti, Inc., effect a 1-for-4,000 reverse stock split, and increase authorized shares of common stock from 20,000,000,000 to 40,000,000,000 (effective 2025-04-22).
- Change
- charter amendment
- Effective
- 2025-04-22
Exact text from the filing
On October 22, 2024, pursuant to Sections 78.320 and 78.390 of the Neveda Revised Statutes (the “NRS”), the Board of Directors (“Board”) and shareholders of Scepter Holdings, Inc. (the “Company”) approved an amendment to the Company’s articles of incorporation in order to effect: (i) a change of the corporate name from Scepter Holdings, Inc. to Adapti, Inc. (the “Name Change”), (ii) a one-for-four thousand (1-for-4,000) reverse stock split of the common stock, par value $0.001 per share (the “Common Stock”) of the Company (the “Reverse Stock Split”), and (iii) an increase of the number of authorized shares of Common Stock from 20,000,000,000 to 40,000,000,000 (the “Authorized Share Increase”).
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