Adia Med sells 7% stake in Adia Labs to CEO for $350,000
ADIA•Adia Med sold seven membership units in Adia Labs to CEO Larry A. Powalisz for $350,000 in cash, representing a 7% membership interest and voting power. The proceeds are restricted to corporate purposes and require joint written approval from two independent directors.
1. Sale terms
Adia Med sold the units to Powalisz on October 13, 2026. Independent directors Monica Sher and Richard Edwards must jointly approve use of the proceeds in writing; Powalisz has no unilateral authority over them.
