Adapti says prior quarterly financials cannot be relied on due to acquisition accounting errors

ADAPTI INC

ADAPTI INC

ADTI

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  • Adapti flagged non-reliance on its unaudited quarterly financial statements for the quarters ended Sep. 30, 2025 and Dec. 31, 2025.
  • The board, acting as audit committee, cited material accounting errors tied to the July 14, 2025 Ballengee Group acquisition.
  • The transaction will be re-evaluated as a reverse recapitalization with Ballengee Group as the accounting acquiror, not the company.


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