Company: PAX
Filing Date: 2025-01-30
Form Type: 424B3
Source: 0000950103-25-001159
Chunk: 2

Company: Patria Investments Ltd
Filing Date: 2025-01-30
Form: 424B3
Chunk 2
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 additional information described
under the heading “Where You Can Find More Information” in the accompanying prospectus.

On September 3, 2021, Patria’s economic
group entered into a transaction agreement, as amended (the “Moneda Transaction Agreement”) to acquire certain equity interests
in Moneda Asset Management SpA (“Moneda”), a leading asset manager headquartered in Chile. The payment of part of the relevant
purchase price / and of the investment amount for such acquisition was by means of the delivery of Class A common shares issued by Patria
to Moneda and to the respective selling shareholders, and the transaction was subject to certain conditions precedent (all conditions
precedent have been duly implemented).

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Risk Factors</div>

Investing in Patria’s Class A common shares
involves risk. Before you invest in the Class A common shares, you should carefully consider all of the risk factors incorporated by reference
in this prospectus supplement, including the risk factors set forth in our Annual Report on Form 20-F for the year ended December 31,
2023, and any subsequent Current Reports on Form 6-K. You should also carefully consider all of the other information included or incorporated
by reference in this prospectus supplement. The occurrence of any of these risks could materially and adversely affect our business, financial
condition, liquidity, cash flows, results of operations, prospects, and our ability to make or sustain distributions to our stockholders,
which could result in a partial or complete loss of your investment in the Class A common shares. Some statements in this prospectus supplement
constitute forward-looking statements. See “Cautionary Statement Regarding Forward-Looking Statements” in the accompanying
prospectus.

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Use of Proceeds</div>

Patria will not receive any of the proceeds from
any issuance of Class A common shares to the Selling Stockholders or from any sale of such shares by the Selling Stockholders.

The Selling Stockholders will pay any underwriting
fees, discounts or commissions attributable to the sale of the shares registered under this prospectus supplement, or any fees and expenses
of any broker-dealer or other financial intermediary engaged by any Selling Stockholder. Patria will bear all other costs, fees and expenses
incurred in connection with the registration of the shares covered by this prospectus supplement. See “Selling Shareholders”
and “Plan of Distribution.”

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