ADTI·July 20, 2026·restatement
Adapti Restates Prior Quarters After Reclassifying Ballengee Group Acquisition as Reverse Recapitalization
Adapti, Inc. concluded that its 2025 acquisition of Ballengee Group was incorrectly accounted for and that Ballengee Group should have been treated as the accounting acquirer, rendering the company's quarterly financials for the periods ended September 30 and December 31, 2025 unreliable.