Company: PAX
Filing Date: 2025-01-16
Form Type: 424B3
Source: 0000950103-25-000600
Chunk: 8

Company: Patria Investments Ltd
Filing Date: 2025-01-16
Form: 424B3
Chunk 8
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 “Plan of Distribution” beginning on page 24 of this prospectus.

This prospectus describes
some of the general terms that may apply to the securities. We and the selling shareholders, as applicable, will provide specific terms
of any offering in a supplement to this prospectus. Any prospectus supplement may also add, update, or change information contained in
this prospectus. To the extent the applicable prospectus supplement is inconsistent, information in this prospectus is superseded by the
information in the applicable prospectus supplement. You should carefully read this prospectus and the applicable prospectus supplement
as well as the documents incorporated or deemed to be incorporated by reference in this prospectus before you purchase any of the securities.

Our Class A common shares
are currently listed on the Nasdaq Global Select Market, or Nasdaq, under the symbol “PAX”.

Investments in the securities involve risks. See “Risk Factors” on page 6 of this prospectus. You should carefully consider the risks and uncertainties discussed under the heading “Risk Factors” included in the applicable prospectus supplement or under similar headings in other documents which are incorporated by reference in this prospectus and the applicable prospectus supplement before you invest in our securities.

Neither the Securities and Exchange Commission, or the SEC, nor any state securities commission has approved or disapproved these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

<div align='center'>The date of this prospectus is November 29,
2023.

TABLE OF CONTENTS</div>

| About This Prospectus                                   |  1 |
| Where You Can Find More Information                     |  2 |
| Incorporation of Documents by Reference                 |  3 |
| Forward-Looking Statements                              |  4 |
| Risk Factors                                            |  6 |
| Patria Investments Limited                              |  7 |
| Use of Proceeds                                         |  9 |
| Description of Share Capital                            | 10 |
| Service of Process and Enforcement of Civil Liabilities | 21 |
| Taxation                                                | 22 |
| Selling Shareholders                                    | 23 |
| Plan of Distribution                                    | 24 |
| Legal Matters                                           | 26 |
| Experts                                                 | 27 |

You should rely only on the information contained or incorporated by reference in this prospectus and in any accompanying prospectus supplement. No one has been authorized to provide you with different information.

The securities are not being offered in any jurisdiction where the offer or