Company: PAX
Filing Date: 2025-01-30
Form Type: 424B3
Source: 0000950103-25-001159
Chunk: 4

Company: Patria Investments Ltd
Filing Date: 2025-01-30
Form: 424B3
Chunk 4
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 information is based
on information provided by or on behalf of the Selling Stockholders. The number of Class A common shares owned by the Selling Stockholders
(or any of their future transferees) assumes that they do not beneficially own any Class A common shares other than the Class A common
shares that Patria issued or may issue to them pursuant to the Moneda Transaction Agreement.

Percentage ownership information in the following
tables is based on 61,887,584 Class A common shares outstanding and 92,945,430 Class B common shares outstanding as of January 27, 2025.

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Class A common shares

The following table sets forth information with
respect to the number of Class A common shares that would become beneficially owned by the Selling Stockholder that may be offered pursuant
to this prospectus supplement.

| Name                                    | Class                                
 A                                    
 common shares                        
 Beneficially Owned Prior to Issuance |                                                                                  Maximum 
 Number of Class A common shares Issuable pursuant to the Moneda Transaction Agreement(1) |                                                     Class 
 A common shares Beneficially Owned Following the Issuance |       |                           Number 
 of Class A common shares Offered | Class                                              
 A common shares Beneficially Owned after Resale(3) |    |
| Shares                                  | Percent(2)                           |                                                                                   Shares |                                                Percent(2) |       |                                  |                                                    |    |
| Inversiones Puerto Aventura Limitada(4) | —                                    |                                                                                  860,611 |                                                   860,611 | 0.55% |                          860,611 | —                                                  | —% |
| Punta Chauquen SpA.(5)                  | —                                    |                                                                                  519,043 |                                                   519,043 | 0.33% |                          519,043 |                                                    |    |
| Other Selling Stockholders(6)           | —                                    |                                                                                1,094,383 |                                                 1,094,383 | *%    |                        1,094,383 | —                                                  | —% |

_______________

| * | Represents beneficial ownership of less than one percent (1%) of our outstanding Class A common shares. |

| (1) | The maximum aggregate number of Class A common shares issuable as deferred consideration pursuant to the Moneda Transaction Agreement 
 that may be sold under this prospectus supplement is 2,474,037.                                                                       |

| (2) |