SPECIFICITY (SPTY) SEC Filings

Specificity, Inc. (SPTY) is the issuer whose common stock Clearthink Capital Partners, LLC reports beneficial ownership of 1,750,468 shares, stated as up to 9.9% of outstanding shares.

Specificity, Inc. (SPTY) registered 2,000,000 common shares for resale by ClearThink Capital Partners LLC under a Strata Purchase Agreement. Specificity receives no proceeds from ClearThink’s resales, but may sell shares to ClearThink under a facility of up to $5,000,000 over 24 months beginning when the registration statement becomes effective, subject to the agreement’s conditions. The company may submit put notices as frequently as every 10 days, for amounts between $25,000 and $1,000,000. At the assumed $0.28 purchase price, selling all 2,000,000 registered shares to ClearThink would provide Specificity with $560,000 in gross proceeds.

The purchase price is 80% of the average of the two lowest daily VWAPs during a 10-day valuation period, and payment is due within one trading day after ClearThink receives a put notice. Specificity intends to use proceeds for working capital or general corporate needs. It reported a $554,067 net loss for 2025 and disclosed substantial doubt about its ability to continue as a going concern. It also identified four continuing material weaknesses in internal control over financial reporting as of December 31, 2025; its 2026 remediation plan remains in development.

SPECIFICITY, INC. (SPTY) reported modest top-line growth but ongoing losses and liquidity strain for the quarter and six months ended June 30, 2026. Quarterly revenue rose to $322,019, up 20.9% from $266,300 a year earlier, driven mainly by a large new customer project. Six‑month revenue was essentially flat at $565,869 versus $564,350.

The company posted a six‑month net loss of $303,642 and an accumulated deficit of $8,939,601. Cash was only $10,314 against total liabilities of $2,356,487, including $1,356,487 of current liabilities and a working capital deficit of $1,331,173. Management discloses substantial doubt about the ability to continue as a going concern and expects to rely on additional debt and equity financing, including a Strata Purchase Agreement that permits up to $5,000,000 of common stock purchases.

The CEO controls about 91% of voting power through preferred and common holdings. Internal controls over financial reporting are described as having material weaknesses. Several convertible notes are outstanding, with some already in default but still convertible into common shares, contributing to 10,554,633 potentially dilutive securities.

Specificity, Inc. filed a notification that its Form 10-Q for the period ended June 30, 2026 will be filed late. The company cites unanticipated delays in completing the audit and preparation of the report as the reason for missing the original deadline.

The company states that all other required periodic reports over the past 12 months have been filed. It also indicates that it does not anticipate any significant change in results of operations from the corresponding period of the prior fiscal year in the earnings statements to be included in the delayed Form 10-Q.

Specificity, Inc. reported a net loss of $182,397 for the three months ended March 31, 2026, versus a loss of $140,216 a year earlier. Revenue fell about 20% to $243,850, mainly because a large customer paused marketing services, while cost of services increased with added staff and higher quality data sources.

Operating expenses declined to $212,396 from $270,990, driven by lower administrative labor and professional fees, but higher interest and discount amortization on convertible notes pushed total other expense to $50,393. Cash at period end was only $3,459, with a working capital deficit of approximately $1,261,364 and total liabilities of $2,279,823 against assets of $1,567,873, leaving a stockholders’ deficit of $711,950.

Management states there is “substantial doubt” about the company’s ability to continue as a going concern over the next 12 months. The business is being funded through convertible debt, working capital loans, related-party advances and an equity purchase agreement that allows sales of up to $5,000,000 of common stock, which may be dilutive. Internal controls over financial reporting are described as not effective due to continuing material weaknesses.

Specificity, Inc. is restating its 2025 annual results in an amended 10‑K/A after discovering unrecorded bank, credit card and convertible debt transactions from December 9–31, 2025. The restatement modestly increased total assets by $203 but raised total current liabilities by $121,122 and deepened total equity to a deficit of $709,177.

Net loss for 2025 increased to $554,067 on revenue of $1,090,450, and net cash used in operating activities worsened to $149,371. The company reports a working capital deficit of $1,259,042, an accumulated deficit of $8,635,959 and a going‑concern warning. Management discloses multiple material weaknesses in internal control and plans to rely heavily on a Strata Purchase Agreement for up to $5,000,000 of equity funding while it attempts to scale its digital marketing business.

Specificity, Inc. reported that investors should no longer rely on its previously issued financial statements for the year ended December 31, 2025, after identifying accounting errors tied to bank and credit card accounts opened in mid-December 2025.

The company’s preliminary review indicates an approximate understatement of expenses of $83,422, understatement of revenues of $2,500, understatement of liabilities of $121,122, overstatement of additional paid-in capital of $40,000, and understatement of cash of $202. Specificity is preparing an amended Form 10-K/A for 2025 and completing its Form 10-Q for the quarter ended March 31, 2026, which it plans to file as soon as practical following review by its independent registered public accounting firm.

Specificity, Inc. notified the SEC it cannot timely file its Form 10-Q for the period ended March 31, 2026. The company says unanticipated delays arose from adjustments to prior-year financials after opening three new bank accounts and a corporate credit card late in December 2025.

The company's preliminary analysis identifies an understatement of cash of approximately $200, an understatement of current liabilities of approximately $121,000 (including ~$100,000 in convertible debt and ~$21,000 in corporate credit card debt), an understatement of expenses of approximately $81,000, and an overstatement of equity of approximately $40,000. The company needs additional time to finalize its analysis and prepare adjustments to the opening balance sheet as of December 31, 2025.

Specificity, Inc. reports 2025 results and highlights substantial doubt about its ability to continue as a going concern. Revenue rose to $1,087,950, up about 10% from 2024, driven by three new large contracts and initial international revenue.

Cost of services increased to $618,803, while operating expenses fell to $774,459 after sales and administrative reductions. The company recorded a net loss of $473,147, narrowing from 2024 but still contributing to an accumulated deficit of $8,555,039.

Specificity ended 2025 with only $1,784 in cash, a working capital deficit of about $1,138,122, and total assets of $1,555,398 against liabilities of $2,143,656. Auditors emphasized going concern risk, and management plans to rely heavily on equity and debt financing, including a Strata Purchase Agreement for up to $5,000,000 of stock. CEO Jason Wood controls about 80% of voting power, and the firm remains an emerging growth, small digital marketing company with approximately nine employees.