The acquisition expands Adapti's presence in the collegiate NIL market, complementing its previous acquisition of Ballengee Group. The 12-month lock-up on shares reduces immediate dilution pressure. Traders should monitor integration progress and revenue synergies between the two agencies, as well as Adapti's AI technology rollout for influencer marketing.
Price Chart
Executive Summary
Adapti, Inc. acquired substantially all assets of Levelution Sports Agency, a NIL representation firm, in exchange for 324,675 shares of its common stock. The deal includes a transition services agreement with Levelution's founder and a 12-month lock-up on the shares issued. This expands Adapti's athlete management platform in the growing NIL market.
Key Financial Metrics
Key Facts
- Adapti acquired Levelution Sports Agency's assets in exchange for 324,675 shares of its common stock
- 32,468 shares are held in escrow for 18 months for indemnification purposes
- The deal includes a 6-month transition services agreement with Kirk Noles, Levelution's founder
- Shareholders receiving the stock are subject to a 12-month lock-up period
- Levelution specialized in Name, Image, and Likeness (NIL) representation for collegiate athletes
- Adapti previously acquired Ballengee Group in July 2025, another sports agency
Financial Impact
324,675 shares issued at $3.08 per share (based on escrow valuation) = $1,000,000 in equity issued
Risk Factors
- Integration risk between the two agencies
- Dependence on key personnel (Kirk Noles) during transition
- Potential dilution from the share issuance
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 11 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-015293 |
| Exhibit: ex10-05.htm | 0001493152-26-015293 |
| Exhibit: ex10-06.htm | 0001493152-26-015293 |
| Exhibit: ex10-04.htm | 0001493152-26-015293 |
| Exhibit: ex10-03.htm | 0001493152-26-015293 |
| Exhibit: ex10-02.htm | 0001493152-26-015293 |
| Exhibit: ex99-01.htm | 0001493152-26-015293 |
| Document: form8-k.htm | 0001493152-26-015293 |
| Document: 0001493152-26-015293-index-headers.html | 0001493152-26-015293 |
| Document: 0001493152-26-015293-index.html | 0001493152-26-015293 |
| Document: 0001493152-26-015293.txt | 0001493152-26-015293 |
US Market Status
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