Recently, multistage testing (MST) has been adopted by several important large-scale testing programs and become popular among practitioners and researchers. Stemming from the decades of history of computerized adaptive testing (CAT), the rapidly growing MST alleviates several major problems of earlier CAT applications. Nevertheless, MST is only one among all possible solutions to these problems. This article presents a new adaptive testing design, “on-the-fly assembled multistage adaptive testing” (OMST), which combines the benefits of CAT and MST and offsets their limitations. Moreover, OMST also provides some unique advantages over both CAT and MST. A simulation study was conducted to compare OMST with MST and CAT, and the results demonstrated the promising features of OMST. Finally, the “Discussion” section provides suggestions on possible future adaptive testing designs based on the OMST framework, which could provide great flexibility for adaptive tests in the digital future and open an avenue for all types of hybrid designs based on the different needs of specific tests.