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On July 14, 2026, Adapti, Inc.'s board of directors determined that its previously issued unaudited condensed…
ADTIAdapti, Inc.
On July 14, 2026, Adapti, Inc.'s board of directors determined that its previously issued unaudited condensed consolidated financial statements for the quarters ended September 30, 2025, and December 31, 2025, should no longer be relied upon. The non-reliance is due to material errors in the accounting treatment of the July 14, 2025, acquisition of Ballengee Group, LLC. While originally recorded as a standard acquisition, the company concluded the transaction should have been accounted for as a reverse recapitalization of Ballengee Group, as Ballengee Group was the accounting acquiror. Adapti, Inc. operates in an unspecified industry and provides corporate services or holds intangible assets used in consolidated operations.