SEATTLE, Nov. 05, 2026 (GLOBE NEWSWIRE) — Pa abolic Tech ologies, I c. (Nasdaq: PARA) (the “Compa y”), a leadi g AI-powe ed age tic applicatio s tech ology compa y, today a ou ced the closi g of its p eviously a ou ced fi m commitme t u de w itte public offe i g. G oss p oceeds to the Compa y we e app oximately $13.5 millio , befo e deducti g u de w iti g fees a d othe offe i g expe ses payable by the Compa y. The offe i g closed o Novembe 5, 2026.
The offe i g co sisted of 4,963,235 Commo U its (o P e-Fu ded U its), each co sisti g of (i) o e (1) sha e of Class A Commo Stock o o e (1) P e-Fu ded Wa a t a d (ii) two (2) Commo Wa a ts to pu chase o e (1) sha e of Commo Stock pe wa a t at a exe cise p ice of $6.80 pe sha e. The public offe i g p ice pe Commo U it was $2.72 (o $2.71999 fo each P e-Fu ded U it, which is equal to the public offe i g p ice pe Commo U it sold i the offe i g mi us a exe cise p ice of $0.00001 pe P e-Fu ded Wa a t). The P e-Fu ded Wa a ts a e immediately exe cisable a d may be exe cised at a y time u til exe cised i full. Fo each P e-Fu ded U it sold i the offe i g, the umbe of Commo U its i the offe i g will be dec eased o a o e-fo -o e basis. The i itial exe cise p ice of each Commo Wa a t is $6.80 pe sha e of Commo Stock o pu sua t to a alte ative cashless exe cise optio .
Solely to cove ove -allotme ts, if a y, the Compa y has g a ted Aegis Capital Co p. (“Aegis”) a 45-day optio to pu chase (i) additio al sha es of Commo Stock of up to 15.0% of the umbe of Commo U its sold i the offe i g a d/o (ii) additio al Commo Wa a ts of up to 30.0% of the umbe of Commo U its sold i the offe i g. The pu chase p ice to be paid pe additio al sha e of Commo Stock will be equal to the public offe i g p ice of o e Commo U it (less $0.00001 allocated to each full wa a t), less the u de w iti g discou t. The pu chase p ice to be paid pe additio al Commo Wa a t will be $0.00001.
A egist atio stateme t o Fo m S-1 (No. 333-299744) p eviously filed with the U.S. Secu ities a d Excha ge Commissio (the “SEC”) o Octobe 30, 2026, was decla ed effective by the SEC o Novembe 3, 2026, a d a elated egist atio stateme t o Fo m S-1MEF (File No. 333-299848) was filed pu sua t to Rule 462(b) u de the Secu ities Act of 1933, which became effective immediately upo fili g o Novembe 5, 2026. The offe i g was made o ly by mea s of a p ospectus. A fi al p ospectus desc ibi g the te ms of the offe i g will be filed with the SEC a d will be available o the SEC’s website located at www.sec.gov. Elect o ic copies of the fi al p ospectus may be obtai ed, whe available, by co tacti g Aegis Capital Co p., Atte tio : Sy dicate Depa tme t, 1345 Ave ue of the Ame icas, 27th floo , New Yo k, NY 10105, by email at sy dicate@aegiscap.com, o by telepho e at +1 (212) 813-1010. Befo e i vesti g i this offe i g, i te ested pa ties should ead the p ospectus i its e ti ety, which p ovides mo e i fo matio about the Compa y a d the offe i g.
This p ess elease shall ot co stitute a offe to sell o a solicitatio of a offe to buy, o shall the e be a y sale of these secu ities i a y state o ju isdictio i which such a offe , solicitatio o sale would be u lawful p io to egist atio o qualificatio u de the secu ities laws of a y such state o ju isdictio .
Pa abolic builds age tic applicatio s that powe the futu e of busi ess. We believe that the futu e of e te p ise softwa e will be age tic applicatio s that a e et-be eficia ies of AI t a sfo matio , a d we focus o buildi g, acqui i g, a d i vesti g i those a d elated busi esses. We have ove 150,000 custome s i cludi g Amazo , Dell, Salesfo ce, Aflac, The mo Fishe Scie tific, RBC Wealth Ma ageme t, a d Fitch G oup. Lea mo e at www.pa abolic.io. Fo i vesto s, please visit i .ba zai.io.
This p ess elease co tai s fo wa d-looki g stateme ts withi the mea i g of the P ivate Secu ities Litigatio Refo m Act of 1995. Fo wa d-looki g stateme ts ofte use wo ds such as “believe,” “may,” “will,” “estimate,” “ta get,” “co ti ue,” “a ticipate,” “i te d,” “expect,” “should,” “would,” “p opose,” “pla ,” “p oject,” “fo ecast,” “p edict,” “pote tial,” “seek,” “futu e,” “outlook,” a d simila va iatio s a d exp essio s. Fo wa d-looki g stateme ts a e those that do ot elate st ictly to histo ical o cu e t facts. Examples of fo wa d-looki g stateme ts may i clude, amo g othe s, stateme ts ega di g Pa abolic Tech ologies, I c.’s (the “Compa y’s”): futu e fi a cial, busi ess a d ope ati g pe fo ma ce a d goals; a ualized ecu i g eve ue a d custome ete tio ; o goi g, futu e o ability to mai tai o imp ove its fi a cial positio , cash flows, a d liquidity a d its expected fi a cial eeds; pote tial fi a ci g a d ability to obtai fi a ci g; acquisitio st ategy a d p oposed acquisitio s a d, if completed, thei pote tial success a d fi a cial co t ibutio s; st ategy a d st ategic goals, i cludi g bei g able to capitalize o oppo tu ities; expectatio s elati g to the Compa y’s i dust y, outlook a d ma ket t e ds; total add essable ma ket a d se viceable add essable ma ket a d elated p ojectio s; pla s, st ategies a d expectatio s fo etai i g existi g o acqui i g ew custome s, i c easi g eve ue a d executi g g owth i itiatives; a d p oduct a eas of focus a d additio al p oducts that may be sold i the futu e. Because fo wa d-looki g stateme ts elate to the futu e, they a e subject to i he e t u ce tai ties, isks a d cha ges i ci cumsta ces that a e difficult to p edict a d ma y of which a e outside of ou co t ol. Fo wa d-looki g stateme ts a e ot gua a tees of futu e pe fo ma ce, a d ou actual esults of ope atio s, fi a cial co ditio a d liquidity a d developme t of the i dust y i which the Compa y ope ates may diffe mate ially f om those made i o suggested by the fo wa d-looki g stateme ts. The efo e, i vesto s should ot ely o a y of these fo wa d-looki g stateme ts. Facto s that may cause actual esults to diffe mate ially i clude cha ges i the ma kets i which the Compa y ope ates, custome dema d, the fi a cial ma kets, eco omic, busi ess a d egulato y a d othe facto s, such as the Compa y’s ability to execute o its st ategy. Mo e detailed i fo matio about isk facto s ca be fou d i the Compa y’s A ual Repo t o Fo m 10-K a d the Compa y’s Qua te ly Repo ts o Fo m 10-Q u de the headi g “Risk Facto s,” a d i othe epo ts filed by the Compa y, i cludi g epo ts o Fo m 8-K. The Compa y does ot u de take a y duty to update fo wa d-looki g stateme ts afte the date of this p ess elease.
