Company: PAMT
Filing Date: 2025-05-02
Form Type: SC TO-I/A
Source: 0001174947-25-000687
Chunk: 2

Company: PAMT CORP
Filing Date: 2025-05-02
Form: SC TO-I/A
Chunk 2
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The purpose of this Amendment
No. 3 is to amend and supplement the Schedule TO to indicate that, on May 2, 2025, the Company issued a press release announcing the
preliminary results of the Offer. Accordingly, Items 11 and 12 of the Schedule TO, which incorporate by reference the information contained
in the Schedule TO and the Offer to Purchase, are hereby amended and supplemented as follows:

Item 11. Additional Information.

Item 11(c) of the Schedule
TO is hereby amended and supplemented as follows:

On May 2, 2025, the Company
issued a press release announcing the preliminary results of the Offer. A copy of such press release is filed as Exhibit (a)(1)(H) to
this Schedule TO and is incorporated herein by reference.

Item 12. Exhibits.

Item 12 of the Schedule
TO is hereby amended and supplemented to add the following exhibit:

| (a)(1)(H)** | Press                                                                       
 Release announcing the preliminary results of the Offer, dated May 2, 2025. |

| *  | Previously filed. |
| ** | Filed herewith.   |

<div align='center'>2

SIGNATURE</div>

After due inquiry and to
the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

| Date:       
 May 2, 2025 | PAMT CORP |                                       |
|:------------|:----------|:--------------------------------------|
|             | By:       | /s/ Lance K. Stewart                  |
|             | Name:     | Lance K. Stewart                      |
|             | Title:    | Vice President of Finance,            
 Chief Financial Officer and Treasurer |

<div align='center'>3

EXHIBIT INDEX</div>

| (a)(1)(A)*  |     | Offer                                                                                                                                   
 to Purchase dated April 3, 2025.                                                                                                        |
| (a)(1)(B)*  |     | Letter                                                                                                                                  
 of Transmittal.                                                                                                                         |
| (a)(1)(C)*  |     | Notice                                                                                                                                  
 of Guaranteed Delivery.                                                                                                                 |
| (a)(1)(D)*  |     | Letter                                                                                                                                  
 to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees dated April 3, 2025.                                          |
| (a)(1)(E)*  |     | Letter                                                                                                                                  
 to