SEC Filing Document

Company: Palermo Technologies Inc.
Ticker: 
CIK: 2101355
Filing Type: S-1/A
Document Type: S-1/A
Date Filed: 2026-05-15
Accession Number: 0002097570-26-000016
Exchange: 
SIC Code: 4899
SIC Description: Communications Services, NEC
URL: https://www.sec.gov/Archives/edgar/data/2101355/000209757026000016/pale-20260512_s1a3.htm

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the spread between the bid and ask price; · contains a toll-free telephone number for inquiries on disciplinary actions; · defines significant terms in the disclosure document or in the conduct of trading penny stocks; and · contains such other information and is in such form (including language, type, size and format) as the Securities and Exchange Commission shall require by rule or regulation; The broker-dealer also must provide, prior to effecting any transaction in a penny stock, to the customer: · the bid and offer quotations for the penny stock; · the compensation of the broker-dealer and its salesperson in the transaction; · the number of shares to which such bid and ask prices apply, or other comparable information relating to the depth and liquidity of the market for such stock; and · monthly account statements showing the market value of each penny stock held in the customer’s account.

In addition, the penny stock rules require that prior
to a transaction in a penny stock not otherwise exempt from those rules; the broker-dealer must make a special written determination that
the penny stock is a suitable investment for the purchaser and receive the purchaser’s written acknowledgment of the receipt of
a risk disclosure statement, a written agreement to transactions involving penny stocks, and a signed and dated copy of a written suitability
statement.  These disclosure requirements will have the effect of reducing the trading activity in the secondary market for our stock
because it will be subject to these penny stock rules.  Therefore, stockholders may have difficulty selling their securities.

Holders of Our Common Stock

Currently, we have one holder of record of our common
stock.

Dividends

We have not declared any dividends and we do not plan
to declare any dividends in the foreseeable future.

REGULATION M

Our sole officer and director, who will offer and
sell the Shares in this offering, is aware that they are required to comply with the provisions of Regulation M promulgated under the
Securities Exchange Act of 1934, as amended.  With certain exceptions, Regulation M precludes officers, directors, sales agents,
any broker-dealer or other person who participates in the distribution of shares in this offering from bidding for or purchasing or attempting
to induce any person to bid for or purchase any security which is the subject of the distribution until the entire distribution is complete.

REPORTS

Upon completion of this offering, we will be subject
to certain reporting requirements and will furnish annual financial reports to our stockholders, certified by our independent accountants,
and will furnish unaudited quarterly financial reports in our quarterly reports filed electronically with the SEC.  All reports and
information filed by us can be found at the SEC website, www.sec.gov.

MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL
CONDITION AND RESULT OF OPERATIONS OR PLAN OF OPERATION

Some of the information in this Prospectus contains
forward-looking statements that involve substantial risks and uncertainties.  You can identify these statements by forward-looking
words such as “may,” “will,” “expect,” “anticipate,” “believe,” “estimate”
and “continue,” or similar words.  You should read statements that contain these words carefully because they:

·	discuss our future expectations;

·	contain projections of our future results of operations or of our financial condition; and

·	state other “forward-looking” information.

We believe it is important to communicate our expectations.
However, there may be events in the future that we are not able to accurately predict or over which we have no control.  Our actual
results and the timing of certain events could differ materially from those anticipated in these forward-looking statements as a result
of certain factors, including those set forth under “RISK FACTORS” and “DESCRIPTION OF BUSINESS” and elsewhere
in this Prospectus.

Overview

Palermo Technologies Inc. (“we,” “our”
or the “Company”) was incorporated in the State of Wyoming on July 2, 2025.  To date we have generated no revenue from
our business operations.  Furthermore, as we are still in the development stage and expect to operate at a loss as we grow our business.
There is little historical financial information about our Company upon which to base an evaluation of our performance or to make a decision
regarding an investment in our shares.  We cannot guarantee that we will be successful in our business operations or that we will
achieve significant, if any, level of market acceptance for our proposed business operations and products.  Our business could be
subject to any or all of the problems, expenses, delays and risks inherent in the establishment of a new business enterprise, including
limited capital resources, possible changes in consumer interest, possible cost overruns due to price and cost increases in services we
require.  Therefore, we cannot guarantee we will be able to achieve or maintain profitable operations.  Further, there is no
assurance that we will not encounter unforeseen difficulties that may deplete our capital resources more rapidly than anticipated.
See “Risk Factors.”

We are a cutting-edge software infrastructure company
committed to redefining the architecture of secure digital communications. We operate at the intersection of national sovereignty, cryptographic
security, and regulatory compliance. We are building a sovereign-grade, AI-enhanced encrypted communications mesh platform tailored to
governments, regulated enterprises, legal professionals, NGOs and mission-critical users operating under regulatory scrutiny or in high-risk
threat environments.

Our vision is to create a verifiable, trustless communication
substrate for the post-cloud, post-quantum world—where single points of failure are eliminated, surveillance risk is structurally
mitigated, and compliance is not a bolt-on but an intrinsic design constraint. The Palermo platform will deliver secure communications
via five converging channels: email, messaging, file transfer, voice/video conferencing, and decentralized identity. All services run
atop our proprietary peer-to-peer infrastructure protocol, PalermoMesh.

We are in the early stages of development and have
not yet launched a commercial product. Although we have undertaken planning, research, and preliminary architectural design activities,
substantial additional development, testing, funding, and hiring will be required before any commercial release. The technologies described
in this Registration Statement are based on our current development plans and should not be interpreted as representing a completed or
market-ready product.

We have never been subject to any bankruptcy proceeding.

Our executive offices are located at 1122-1577 Gulf
Road, Point Roberts, WA 98281. Our telephone number is (307) 357-3085.

RESULTS OF OPERATIONS

We had no operating revenues from July 2, 2025 (inception),
through July 31, 2025 our fiscal year-end.  Our activities have been financed from loans from our sole officer and director.
There is no assurance that we will ever attain profitability.  As of July 31, 2025 the Company has no revenues.

Liquidity and Capital Resources

At January 31, 2026, we had a cash balance of $6,469.
Our expenditures over the next 12 months are expected to be approximately $380,000, assuming we sell all shares in this offering.

Based on our current cash position, we will not be able to continue operations
for approximately 12 months, assuming we do not rise additional funding.  We believe our current cash and net working capital balance
is only sufficient to cover our expenses for filing required quarterly and annual reports with the Securities and Exchange Commission
and our status as a corporation in the State of Wyoming for the next 12 months.

Additional funding will likely come from equity financing
from the sale of our common stock, if we are able to sell such stock.  If we are successful in completing an equity financing, existing
shareholders will experience dilution of their interest in our Company.  We do not have any financing arranged and we cannot provide
investors with any assurance that we will be able to rise sufficient funding from the sale of our common stock to fund our development
activities.  In the absence of such financing, our business will fail.  There are no assurances that we will be able to achieve
further sales of our common stock or any other form of additional financing.  If we are unable to achieve the financing necessary
to continue our plan of operations, then we will not be able to continue our plan of operation for the next 12 months and our business
will fail.

Controls and Procedures

We are not currently required to maintain an effective
system of internal controls.  We will be not be required to comply with the internal control requirements of the Sarbanes-Oxley Act
until we either are required to file an annual report pursuant to section 13(a) or 15(d) of the Exchange Act (15 B.SC. 78m or 78o (d))
for the prior fiscal year or if we had filed an annual report with the Commission for the prior fiscal year.