Specificity Registers 2M Shares for Resale Under $5M Strata Equity Line
SPTY has more than doubled off its 52-week low of $0.018.
Summary
Specificity registers 2M shares for resale under a $5M Strata equity line with an 80% discount to market. The company has a going concern warning, defaulted convertible notes, and minimal cash.
Key Events · Financing and Capital Events · SPTY
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2M Shares Registered for Resale
ClearThink Capital Partners LLC may resell up to 2,000,000 shares, representing approximately 10.6% of outstanding common stock as of September 30, 2026.
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Strata Equity Line Terms
Company can put up to $5,000,000 of stock to ClearThink over 24 months at 80% of the average of the two lowest daily VWAPs during a 10-day valuation period.
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Going Concern Warning
Independent auditor issued a going concern opinion. Company had $10,314 in cash and a working capital deficit of $1,331,173 as of June 30, 2026.
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Convertible Notes in Default
Multiple convertible notes are in default, including a $1M related-party note to CEO Jason Wood that matured January 13, 2026.
Analysis · SPTY · Trade & Services
Specificity is registering 2 million shares for resale by ClearThink Capital Partners under a Strata Purchase Agreement that allows the company to put up to $5 million of stock to the investor at an 80% discount to the two lowest VWAPs over a 10-day period. The company has a going concern warning, multiple convertible notes in default, and only $10,314 in cash as of June 30, 2026. This equity line is a lifeline but comes with severe dilution risk: at the current $0.318 share price, the 2 million shares would raise roughly $560,000, and the full $5 million facility would require issuing far more shares as the price declines. The registration also reveals CEO Jason Wood controls 93.4% of voting rights and the company has four material weaknesses in internal controls.
How filings like this one have moved
In the 30 days to Oct 9, 2026, 36.7% of the 1049 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SPTY was trading at $0.32 on OTC in the Trade & Services sector, with a market capitalization of approximately $5.9M. The 52-week trading range was $0.02 to $1.40. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.