SEC Filing Document

Company: Palermo Technologies Inc.
Ticker: 
CIK: 2101355
Filing Type: S-1/A
Document Type: S-1/A
Date Filed: 2026-04-02
Accession Number: 0002097570-26-000013
Exchange: 
SIC Code: 4899
SIC Description: Communications Services, NEC
URL: https://www.sec.gov/Archives/edgar/data/2101355/000209757026000013/pale-20260331_s1a2.htm

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to be deemed an emerging growth company for the first five fiscal years after completing the offering, unless one of the following occurs: · our total annual gross revenues are $1.07 billion or more; · we issue more than $1 billion in non-convertible debt in the past three years; or · we become a “large accelerated filer,” as defined in Exchange Act Rule 12b-2. As an emerging growth company we are exempt from Section 404(b) of Sarbanes Oxley. Section 404(a) requires issuers to publish information in their annual reports concerning the scope and adequacy of the internal control structure and procedures for financial reporting. This statement shall also assess the effectiveness of such internal controls and procedures. Section 404(b) requires that the registered accounting firm shall, in the same report, attest to and report on the assessment and the effectiveness of the internal control structure and procedures for financial reporting.

As an emerging growth company we are also exempt from
Section 14A (a) and (b) of the Securities Exchange Act of 1934 which require the shareholder approval of executive compensation and golden
parachutes.  These exemptions are also available to us as a Smaller Reporting Company.

We have elected to use the extended transition period
for complying with new or revised accounting standards under Section 102(b)(2) of the Jobs Act, that allows us to delay the adoption of
new or revised accounting standards that have different effective dates for public and private companies until those standards apply to
private companies.  As a result of this election, our financial statements may not be comparable to companies that comply with public
company effective dates.

SELECTED FINANCIAL INFORMATION

The following selected financial data should be read
in conjunction with our financial statements and the related notes to those statements included in “FINANCIAL STATEMENTS”
and with “MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS” appearing elsewhere
in this Prospectus.  The selected financial data has been derived from our audited and unaudited, reviewed financial statements.

Consolidated Balance Sheet:

Statement of Operations:

Quarter Ended October 31, 2025 (Unaudited) Year Ended July 31, 2025 (Audited)

Revenues $	0 $	0

Total operating expenses $	16,816 $	829

Net income (loss) $	(16,816	) $	(829	)

Net income (loss) per share $	(0.00	) $	0.00

Balance Sheet:

Quarter Ended October 31, 2025 (Unaudited) Year Ended December 31, 2021 (Audited)

Cash $	7,468 $	10,000

Total assets $	9,567 $	10,000

Total liabilities $	26,702 $	10,329

Total stockholders’ equity (deficit) $	(17,135	) $	(329	)

We have no off-sheet balance arrangements or obligations
or other interests that could affect finances or operations.  Other than the shares offered by this Prospectus, no other source of
capital has been identified or sought.

SPECIAL NOTE ABOUT FORWARD-LOOKING STATEMENTS

We have made some statements in this Prospectus, including
some under “RISK FACTORS,” “MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS,”
“DESCRIPTION OF BUSINESS” and elsewhere, which constitute forward-looking statements.  These statements may discuss our
future expectations or contain projections of our results of operations or financial condition or expected benefits to us resulting from
acquisitions or transactions and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels
of activity, performance or achievements to be materially different from any results, levels of activity, performance or achievements
expressed or implied by any forward-looking statements.  These factors include, among other things, those listed under “RISK
FACTORS” and elsewhere in this Prospectus.  In some cases, forward-looking statements can be identified by terminology such
as “may,” “should,” “could,” “expects,” “intends,” “plans,” “anticipates,”
“believes,” “estimates,” “predicts,” “potential” or “continue” or the negative
of these terms or other comparable terminology.  Although we believe that the expectations reflected in forward-looking statements
are reasonable, we cannot guarantee future results, levels of activity, performance or achievements.

RISK FACTORS

An investment in our Common Stock is a risky
investment.  In addition to the other information contained in this Prospectus, prospective investors should carefully consider the
following risk factors before purchasing shares of our Common Stock offered hereby.  We believe that we have included all material
risks.

Risks Relating to the Early Stage of our Company

We are at a very early operational stage and our success
is subject to the substantial risks inherent in the establishment of a new business venture.

The implementation of our business strategy is in
a very early stage.  Our business and operations should be considered to be in a very early stage and subject to all of the risks
inherent in the establishment of a new business venture.  Accordingly, our intended business and operations may not prove to be successful
in the near future, if at all.  Any future success that we might enjoy will depend upon many factors, several of which may be beyond
our control, or which cannot be predicted at this time, and which could have a material adverse effect upon our financial condition, business
prospects and operations and the value of an investment in our company.

We are a development stage company, have generated
no revenues since inception and lack an operating history.  An investment in the shares offered herein is highly risky and could
result in a complete loss of your investment if we are unsuccessful in our business plans.

Our Company was incorporated on July 2,
2025.  We have not generated revenues and have experienced net losses from our operations to date.  As of October 31,
2025, we had an accumulated a deficit of $17,135.  Other than research of our concept, we have no operating history upon which
an evaluation of our future prospects can be made.  Such prospects must be considered in light of the substantial risks,
expenses and difficulties encountered by new entrants into the highly competitive software infrastructure market.  Our ability
to achieve and maintain profitability and positive cash flow is highly dependent upon a number of factors, including our ability to
raise additional capital.

Based upon current plans, we expect to incur
operating losses in future periods as we incur expenses associated with the development and potential expansion of our
business.  Furthermore, we cannot guarantee that we will be successful in realizing revenues or in achieving or sustaining
positive cash flow at any time in the future.  Any such failure could result in the possible closure of our operations or force
us to seek additional capital through loans or additional sales of our equity securities to continue business operations, which
would dilute the value of any shares you purchase in this offering.  There are no assurances that the Company will be able to
raise any additional capital.

Our auditors have expressed substantial doubt
about our ability to continue as a going concern.

We cannot offer any assurance as to our future financial
results.  Also, we cannot provide any assurances that we will be able to secure additional funding from public or private offerings
on terms acceptable to us, or at all, if and when needed.  Our inability to achieve profitability from our current operating plans
or to raise capital to cover any potential shortfall would have a material adverse effect on our ability to meet our obligations as they
become due.  If we are not able to secure additional funding if and when needed, we would be forced to curtail our operations or
take other action in order to continue to operate.  These and other factors raise substantial doubt by our auditors about our ability
to continue as a going concern.  If we are unable to meet our obligations and are forced to curtail or cease our business operations,
you could suffer a complete loss of any investment you make in our securities.  In the auditors’ opinion, our financial statements
as of and for the period ended July 31, 2025 indicate that there is substantial doubt about our ability to continue as a going concern.

We have suffered operating losses since inception
and we may not be able to achieve profitability.

It is possible that we will never be able to sustain
or develop the revenue levels necessary to attain profitability.

We may have difficulty raising additional capital,
which could deprive us of necessary resources.

We expect to continue to devote significant capital
resources to Company research and development.  In order to support the initiatives envisioned in our business plan, we will need
to raise additional funds through public or private debt or equity financing, collaborative relationships or other arrangements.
Our ability to raise additional financing depends on many factors beyond our control, including the state of capital markets and the market
price of our common stock.  Because our common stock is not listed on a major stock market, many investors may not be willing or
allowed to purchase it or may demand steep discounts.  Sufficient additional financing may not be available to us or may be available
only on terms that would result in further dilution to the current owners of our common stock.