Company: PAX
Filing Date: 2025-01-30
Form Type: 424B3
Source: 0000950103-25-001159
Chunk: 7

Company: Patria Investments Ltd
Filing Date: 2025-01-30
Form: 424B3
Chunk 7
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 accordance with the rules of the applicable exchange or market; |

| · | in privately negotiated transactions; |

| · | through the settlement of short sales; |

| · | through broker-dealers that may agree with the Selling Stockholders to sell a specified number of such shares at a stipulated price 
 per share;                                                                                                                          |

| · | through a combination of any such methods of sale; and |

| · | any other method permitted pursuant to applicable law. |

The Selling Stockholders may also sell shares
under Rule 144 under the Securities Act, if available, rather than under this prospectus supplement.

In addition, the Selling Stockholders may enter
into hedging transactions with broker-dealers who may engage in short sales of shares in the course of hedging the positions they assume
with the Selling Stockholders. The Selling Stockholders may also sell shares short and deliver the shares to close out such short position.

<div align='center'>S-6</div>

Broker-dealers engaged by the Selling Stockholders
may arrange for other broker-dealers to participate in sales. If the Selling Stockholders effect such transactions through underwriters,
broker-dealers or agents, such underwriters, broker-dealers or agents may receive commissions in the form of discounts, concessions or
commissions from the Selling Stockholders or commissions from purchasers of the Class A common shares for whom they may act as agent or
to whom they may sell as principal, or both (which discounts, concessions or commissions as to particular underwriters, broker-dealers
or agents may be less than or in excess of those customary in the types of transactions involved).

The Selling Stockholders and any broker-dealers
or agents that are involved in selling the shares may be deemed to be “underwriters” within the meaning of the Securities
Act in connection with such sales. In such event, any commissions received by such broker-dealers or agents and any profit on the resale
of the shares purchased by them may be deemed to be underwriting commissions or discounts under the Securities Act.

The Selling Stockholders will be subject to the
Exchange Act and the rules promulgated thereunder, including Regulation M, which may limit the timing of purchases and sales of Class
A common shares by the Selling Stockholders and their affiliates.

Pursuant to the applicable registration rights,
Patria has agreed to bear all other costs, fees and expenses incurred in connection with the registration of the Class A common shares
covered by this prospectus supplement. However, Patria does