Company: PAX
Filing Date: 2025-01-30
Form Type: 424B3
Source: 0000950103-25-001159
Chunk: 14

Company: Patria Investments Ltd
Filing Date: 2025-01-30
Form: 424B3
Chunk 14
---
 interest and inflation in Latin America and any other countries we may 
 serve in the future;                                                                                   |

| · | our ability to find suitable assets for investment; |

| · | our ability to manage operations at our current size or manage growth effectively; |

| · | our ability to successfully expand in Latin America and other new markets; |

| · | the fact that we will rely on our operating subsidiaries to provide us with distributions to fund our 
 operating activities, which could be limited by law, regulation or otherwise;                         |

| · | our ability to arrange financing and maintain sufficient levels of cash flow to implement our expansion 
 plan;                                                                                                   |

| · | our ability to adapt to technological changes in the financial services sector; |

| · | the availability of qualified personnel and the ability to retain such personnel; |

| · | our capitalization and our funds’ and portfolio companies’ level of indebtedness; |

| · | the interests of our controlling shareholders; |

| · | changes in the laws and regulations applicable to the private investment market in Brazil, Chile and in 
 the other countries we operate;                                                                         |

| · | risk associated with our international operations; |

| · | our ability to compete and conduct our business in the future; |

<div align='center'>4</div>

| · | changes in our businesses; |

| · | government interventions, resulting in changes in the economy, taxes, rates or regulatory environment; |

| · | our ability to effectively market and maintain a positive brand image; |

| · | the availability and effective operation of management information systems and other technology; |

| · | our ability to comply with applicable cybersecurity, privacy and data protection laws and regulations; |

| · | changes in client demands and preferences and technological advances, and our ability to innovate to respond 
 to such changes;                                                                                             |

| · | our ability to attract and maintain the services of our senior management and key employees; |

| · | changes in labor, distribution and other operating costs; |

| · | our compliance with, and changes to, government laws, regulations and tax matters that currently apply 
 to us;                                                                                                 |

| · | other factors that may affect our financial condition, liquidity and results of operations; and |

| · | other risk factors discussed under “Risk Factors” included in documents we file from time                                                      
 to time with the SEC that are incorporated by reference herein, including in our most recent annual report on Form 20-F, which is incorporated 
 by reference herein.