on Adapti, Inc (NASDAQ:ADTI)
Adapti, Inc. Completes Acquisition of The Ballengee Group
Adapti, Inc. (OTC:ADTI) announced the successful acquisition of The Ballengee Group, a Dallas-based sports management agency. This move is part of Adapti's strategy to integrate sports representation with AI and social media management. The acquisition includes 6,500,000 Adapti shares, a $7.5 million promissory note, and potential earnout considerations.
The merger aims to combine Ballengee's athlete representation with Adapti's AdaptAI platform, designed for data-driven influencer alignment. This integration is expected to enhance exposure and revenue opportunities for Ballengee's athletes.
Adapti plans to offer a range of services blending contract negotiation with AI-powered social media campaigns. They will employ AdaptAI's "data fingerprint" technology for optimized marketing outputs, focusing on maximizing engagement and ROI for brand partners.
R. P.
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