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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value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market. These tiers include: Level 1: defined as observable inputs such as quoted prices in active markets. Level 2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. The carrying value of cash approximates its fair value due to its short-term maturity. Stock-Based Compensation Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options. Basic and Diluted Net Loss per Common Share

Basic loss per common share is computed
by dividing the net loss by the weighted average number of shares of common stock outstanding for each period. Diluted loss per share
is computed by dividing the net loss by the weighted average. The number of shares of common stock outstanding plus the dilutive effect
of shares issuable through the common stock equivalents. The weighted-average number of common shares outstanding excludes common stock
equivalents because their inclusion would be anti-dilutive.

Comprehensive Income

Comprehensive income is defined as all changes in
stockholders’ deficit, exclusively of transactions with owners, such as capital investments. Comprehensive income includes net income
or loss, changes in certain assets and liabilities that are reported directly in equity such as translation adjustments on investments
in foreign subsidiaries and unrealized gains (losses) on available-for-sale securities. As of January 31, 2026, there were no differences
between our comprehensive loss and net loss.

Foreign Currency Translation

The Company’s functional and reporting currency
is the U.S. dollar. Transactions may occur in foreign currencies and management has adopted ASC 830, “Foreign Currency Translation
Matters”. Monetary assets and liabilities denominated in foreign currencies are translated using the exchange rate prevailing at
the balance sheet date. Non-monetary assets and liabilities denominated in foreign currencies are translated at rates of exchange in effect
at the date of the transaction. Average monthly rates are used to translate revenues and expenses. Gains and losses arising on translation
or settlement of foreign currency denominated transactions or balances are included in the statement of operations.

Recent Accounting
Pronouncements

We have reviewed all the recently issued, but not
yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company.

NOTE 4 – RELATED PARTY TRANSACTIONS

During the period from July 2, 2025 to July 31, 2025,
the Director of the Company contributed $10,329 towards operating expenses.

During the period from August 01, 2025 to October
31, 2025, the Director of the Company contributed $26,373 towards operating expenses and the company paid $10,000 to the Director.

During the period from November 01, 2025 to January
31, 2026, the Director of the Company contributed $12,328 towards operating expenses and the company paid $1,833 to the Director.

As of January 31, 2026 and July 31,2025 the Company
owed $37,198 and $10,329 respectively to Roger McClay, founder and director of the Company, which is unsecured, non-interest bearing,
and due on demand.

NOTE 5 – STOCKHOLDERS’ EQUITY

Capital Stock

As of January 31, 2026 the Company’s authorized
stock consists of 50,000,000 shares of common stock at a par value of $0.001 per share.

Common Stock

On July 2, 2025, the Company issued a total of 5,000,000
common shares to its founder and Director, Roger McClay for services provided to the Company, valued at a price of $0.001 per share.

As of January 31, 2026, the Company has 5,000,000
shares of common stock issued and outstanding, respectively.

NOTE 6 – SUBSEQUENT EVENTS

The Company evaluated all events or transactions that
occurred after January 31, 2026, through March 20, 2026 and determined that it does not have any subsequent event requiring recording
or disclosure in the financial statements for the period from January 31, 2026, through March 20, 2026.

PALERMO TECHNOLOGIES INC.

3,500,000 Shares of Common Stock

PROSPECTUS

Until ____________, 2026, all dealers that effect transactions in these securities, whether or not participating in this offering, may be required to deliver a prospectus.  This is in addition to the dealers’ obligation to deliver a prospectus when acting as underwriters and with respect to their unsold allotments or subscriptions.

PART II - INFORMATION NOT REQUIRED IN PROSPECTUS

ITEM 13.  OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION

The expenses to be paid by the Registrant are as follows.
All amounts, other than the SEC registration fee, are estimates.

Amount to
be Paid

SEC registration fee $	38.57

Legal fees and expenses $	3,600

Accounting fees and expenses $	¿

Transfer Agent fees and expenses $	5,000

Printing $	¿

Miscellaneous $	¿

Total $	25,000.00

ITEM 14.  INDEMNIFICATION OF DIRECTORS AND
OFFICERS

Under the Wyoming Statutes and our Articles of Incorporation,
our directors and officers will have no personal liability to us or our shareholders for monetary damages incurred as the result of the
breach or alleged breach by a director or officer of his “duty of care.”  This provision does not apply to the directors’:
(i) acts or omissions that involve intentional misconduct, fraud or a knowing and culpable violation of law, or (ii) approval of an unlawful
dividend, distribution, stock repurchase or redemption.  This provision would generally absolve directors of personal liability for
negligence in the performance of his duties, including gross negligence.

The effect of this provision in our Articles of Incorporation
is to eliminate the rights of our Company and our shareholders (through shareholder’s derivative suits on behalf of our Company)
to recover monetary damages against a director for breach of his fiduciary duty of care as a director (including breaches resulting from
negligent or grossly negligent behavior) except in the situations described in clauses (i) and (ii) above.  This provision does not
limit nor eliminate the rights of our Company or any shareholder to seek non-monetary relief such as an injunction or rescission in the
event of a breach of a director’s duty of care.  Section 7-109-102 of the Wyoming Business Corporation Act provides corporations
the right to indemnify their directors, officers, employees and agents in accordance with applicable law.

Insofar as indemnification for liabilities arising
under the Securities Act of 1933, as amended, may be permitted to directors, officers, or persons controlling the Company pursuant to
the foregoing provisions, the Company has been informed that, in the opinion of the Securities and Exchange Commission, such indemnification
is against public policy as expressed in the Securities Act of 1933, as amended, and is therefore unenforceable.

ITEM 15.  RECENT SALES OF UNREGISTERED SECURITIES

On July 2, 2025, Roger McClay acquired 5,000,000 shares
of common stock of the company, valued at $500 for services rendered to the Company.

As of July 31, 2025, there was a total of 5,000,000
shares of the Company issued and outstanding.

We have not issued any of our securities during the
past three years.

ITEM 16.  EXHIBITS AND FINANCIAL STATEMENT
SCHEDULES

3.1* Articles of Incorporation

3.2* By-Laws

5.1* Opinion of Mont E. Tanner, Attorney at Law

23.1 Consent of Boladale Lawal & Co

99.1* Form of Subscription Agreement

107 * Filing Fee Table

*Previously filed

ITEM 17.  UNDERTAKINGS

The undersigned Registrant hereby undertakes:

(a)  (1) To file, during
any period in which offers or sales of securities are being made, a post-effective amendment to this registration statement to:

(i) Include any prospectus required by
Section 10(a)(3) of the Securities Act of 1933;

(ii) To reflect in the prospectus any facts
or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which,
individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement.  Notwithstanding
the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed
that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the
form of prospectus filed with the Commission pursuant to Rule 424(b) (§230.424(b) of this chapter) if, in the aggregate, the changes
in volume and price represent no more than 20% change in the maximum aggregate offering price set forth in the “Calculation of Registration
Fee” table in the effective registration statement.

(iii) To include any material information
with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information
in the registration statement;