{"url_path":"/sec/spty/10-k/2026/item-13","section_key":"item-13","section_title":"Item 13 Certain Relationships and Related Transactions and Director","topic":"sec","document":{"doc_type":"10-K/A","doc_date":"2026-06-05","source_url":"https://www.sec.gov/Archives/edgar/data/1840102/0001520138-26-000207-index.html","accession_number":"0001520138-26-000207","cik":"0001840102","ticker":"SPTY","issuer_name":"SPECIFICITY, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1840102/0001520138-26-000207-index.html","primary_entity_key":"0001840102","primary_entity_name":"SPECIFICITY, INC."},"word_count":343,"has_tables":true,"body_markdown":"** **\n\n**Item 13. Certain Relationships and Related Transactions and Director\nIndependence**\n\n \n\nRelated Party Transactions\n\n \n\nOn January 13, 2021, the Company and Jason Wood, as holder of 100% ownership\nof Pickpocket, Inc., entered into an agreement whereby the Company purchased exactly 80% of the total issued and outstanding stock of\nPickpocket, Inc. in exchange for a 5-year 5% promissory note in the amount of $1,000,000. The note is to be paid in quarterly payments\nof interest only with any remaining interest and principal due at maturity.\n\n \n\nOn January 13, 2021, the Company sold exactly 260,000 shares of Series\nB Preferred Stock to Kevin Frisbie for $250,000.\n\n \n\nPursuant to the Registration Statement on Form S-1 as filed on May 20,\n2022 and deemed effective on June 1, 2022, Jason Wood registered for resale exactly 500,000 shares of common stock of the Company at\na price of $1.50 per share. Subsequently, Jason Wood sold 500,000 shares of the registered common stock of the Company to various parties\nduring the year ended December 31, 2022.\n\n \n\nDuring the year ended December 31, 2025, Mr. Wood sold 813,336 shares\nof common stock of the Company at prices ranging from $0.45 to $1.00 and received gross proceeds of $353,632. Mr. Wood reinvested a significant\nportion of these stock sale proceeds into the Company as a shareholder advance to support the Company’s net working capital requirements.\nDuring the year ended December 31, 2024, Mr. Wood did not sell any shares of common stock of the Company.\n\n \n\nExcept as disclosed above, there have been no additional transactions,\nor any proposed transactions, in which the Company was or is to be a participant and in which any related person had or will have a direct\nor indirect material interest, that would be required to be disclosed herein pursuant to Items 404(a) and 404(d) of Regulation S-K.\n\n \n\nDirector Independence\n\n \n\nOur Board of Directors has determined that it does not have a member that\nis “independent” as the term is used in Item 7(d)(3)(iv) of Schedule 14A under the Securities Exchange Act of 1934, as amended."}