Granite Creek-Backed Salem One Acquires SmashBrand
Salem One→SmashBrand
Apr 9, 2026
Adapti, Inc. entered an asset purchase agreement dated April 1, 2026 with Levelution Sports Agency, LLC to sell and assign substantially all assets and certain specified liabilities of Levelution’s NIL Representation and Collegiate Sports Marketing Services business.
The purchased assets include cash and cash equivalents, accounts receivable, assigned contracts listed on the disclosure schedules, and tangible personal property used in the business. The agreement also covers intellectual property owned or licensed by Levelution for the business, prepaid expenses, and rights under warranties, indemnities, and insurance benefits tied to the business and purchased assets.
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