SPTY SPECIFICITY, INC.

BEARISH Impact: 7/10 8-K
Horizon weeks Filed May 23, 2026 Processed 14d 17h ago SEC 0001520138-26-000175
8-K Item 4.02: Non-reliance on financial statements (restatement)
Latest settled — T+5d
SPTY ▲ +71.43% at T+5d
SHORT call ✗ call lost -71.43% · α vs SPY -70.22% · entry $0.2800 → $0.4800
Next anchor: T+20d in 14d
Currently $0.3951 · -41.11% from $0.2800 entry (call sign-flipped)
Entry anchored
May 26, 2026
via day open
T+1d
-15.36%
call +15.36% · α +15.37%
$0.2370
settled 14d ago
T+5d
+71.43%
call -71.43% · α -70.22%
$0.4800
settled 8d ago
T+20d
—
call — · α —
—
in 14d
T+60d
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call — · α —
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in 2mo

Price Chart

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Executive Summary

Specificity, Inc. filed an 8-K disclosing non-reliance on its FY2025 10-K financial statements due to an inadvertent failure to obtain and review bank and credit card statements for accounts opened in mid-December 2025. The preliminary analysis shows 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. The company has also delayed its Q1 2026 10-Q and filed a late filing notice (Form 12b-25).

Actionable Insight

Traders should expect heightened volatility and potential selling pressure as the market digests the credibility hit from a restatement and late filing. Monitor for the filing of the 10-K/A and Q1 10-Q, and watch for any shareholder litigation or auditor changes. The small absolute dollar amounts relative to a typical micro-cap reduce the likelihood of a severe price decline, but the reputational damage and OTC listing status amplify downside risk.

Key Facts

  • Non-reliance on FY2025 10-K financial statements due to failure to obtain and review bank/credit card statements for accounts opened in mid-December 2025.
  • Preliminary restatement amounts: expenses understated by $83,422, revenues understated by $2,500, liabilities understated by $121,122, APIC overstated by $40,000, cash understated by $202.
  • Company delayed Q1 2026 10-Q and filed a Form 12b-25 (Notice of Late Filing).
  • Restatement amounts are subject to completion of review by independent auditor CM3 Advisory.
  • CEO Jason Wood also serves as CFO (Principal Financial and Accounting Officer), indicating limited segregation of duties.

Financial Impact

Preliminary restatement adjustments total approximately $247,246 in net misstatements (expenses + liabilities + APIC + revenue + cash), though the company asserts no effect on quarterly operating results during 2025.

revenueexpensesliabilitiesadditional paid-in capitalcash

Risk Factors

  • Shareholder lawsuits are almost guaranteed following a non-reliance restatement.
  • Potential for auditor resignation or qualification in future filings.
  • Delayed filings may trigger SEC enforcement or OTC delisting proceedings.
  • Management credibility severely damaged; CEO/CFO duality raises governance concerns.

Market Snapshot

Exchange
OTC
Sector
Services-Advertising Agencies

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001520138-26-000175
Document: 0001520138-26-000175-index-headers.html0001520138-26-000175
Document: 0001520138-26-000175-index.html0001520138-26-000175
Document: 0001520138-26-000175.txt0001520138-26-000175

US Market Status

Market Closed — Opens Thu (10h 10m)

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