SEC Filing Document

Company: Palermo Technologies Inc.
Ticker: 
CIK: 2101355
Filing Type: S-1/A
Document Type: S-1/A
Date Filed: 2026-03-05
Accession Number: 0002097570-26-000011
Exchange: 
SIC Code: 4899
SIC Description: Communications Services, NEC
URL: https://www.sec.gov/Archives/edgar/data/2101355/000209757026000011/pale-20260304_s1a1.htm

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in the offering FUTURE SALES BY EXISTING STOCKHOLDERS A total of 5,000,000 shares have been issued to the existing stockholders. They are restricted securities, as that term is defined in Rule 144 of the Rules and Regulations of the SEC promulgated under the Act. Under Rule 144, such shares can be publicly sold, subject to volume restrictions and certain restrictions on the manner of sale, commencing six months after their acquisition. Any sale of shares held by the existing stockholder (after applicable restrictions expire) and/or the sale of shares purchased in this offering (which would be immediately resalable after the offering), may have a depressive effect on the price of our common stock in any market that may develop, of which there can be no assurance. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS On July 2, 2025, Roger McClay acquired 5,000,000 shares directly from the Company, for services rendered to the Company.

In support of our efforts and cash requirements, we
may rely on advances from related parties until such time that we can support our operations or we attain adequate financing through sales
of our equity or traditional debt financing.  From inception to October 31, 2025 our President has loaned the Company a total of

There have been no other related party transactions,
or any other transactions or relationships required to be disclosed pursuant to Item 404 of Regulation S-K.

DESCRIPTION OF SECURITIES

COMMON STOCK

There are 50,000,000 shares of Common Stock, $0.0001
par value, authorized, with 5,000,000 shares issued and outstanding.

The holders of Common Stock are entitled to one vote
for each share held on all matters submitted to a vote of shareholders.  Holders of Common Stock are entitled to receive ratably
such dividends, if any, as may be declared by the Board of Directors out of funds legally available therefore, subject to any preferential
dividend rights of outstanding Preferred Stock, which may be authorized and issued in the future.  Upon a liquidation, dissolution
or winding up of the Company, the holders of Common Stock are entitled to receive ratably the net assets available after the payment of
all debts and other liabilities, and subject further only to the prior rights of any outstanding Preferred Stock which may be authorized
and issued in the future.  The holders of Common Stock have no pre-emptive, subscription, redemption or conversion rights.
The outstanding shares of Common Stock are, and the shares offered herein will be, when issued and paid for, fully paid and non-assessable.
Cumulative voting in the election of directors is not permitted and the holders of a majority of the number of outstanding shares will
be in a position to control the election of directors at a general shareholder meeting and may elect all of the directors standing for
election.  We have no present intention to pay cash dividends to the holders of Common Stock.

Our bylaws permit stockholders holding a majority
of the voting power of our outstanding capital stock to take action by written consent in lieu of an annual or special meeting of stockholders.
Following this offering, Mr. McClay will beneficially own a majority of the voting power of our outstanding capital stock. As a result,
Mr. McClay will have the ability to take stockholder actions, including the election of directors, by written consent without holding
an annual meeting of stockholders. Accordingly, annual meetings of stockholders may not occur for so long as Mr. McClay maintains majority
voting control.

TRANSFER AGENT AND REGISTRAR

We have not retained a transfer agent as of the date
of this Prospectus but intend to retain the same in the foreseeable future for our Common Stock.

SHARES ELIGIBLE FOR FUTURE SALE

In the event our Common Stock is approved for trading
in the future, of which there can be no assurance, market sales of shares of our Common Stock after this offering and from time to time,
and the availability of shares for future sale, may reduce the market price of our Common Stock.  Sales of substantial amounts of
our Common Stock, or the perception that these sales could occur, could adversely affect prevailing market prices for our Common Stock
and could impair our future ability to obtain capital, especially through an offering of equity securities.  After the effective
date of the registration statement of which this Prospectus is a part, all of the shares sold in this offering, will be freely tradable
without restrictions or further registration under the Securities Act, unless the shares are purchased by our affiliates.  After
the effective date of the registration statement of which this Prospectus is a part, all of the shares sold in this offering, constituting
3,500,000 shares, will be freely tradable without restrictions or further registration under the Securities Act, unless the shares are
purchased by our affiliates, as that term is defined in Rule 144 under the Securities Act.  The balance of 5,000,000 shares which
are not being registered and which are owned by our management and affiliates will be eligible for sale pursuant to the exemption from
registration.  However, sale of these shares are limited to selling only 1% of our issued and outstanding shares every 90 days.

If our application to trade our Common Stock on the OTC Pink Market is
approved, of which there can be no assurance, it is anticipated that our Common Stock will be considered a “penny stock” and
will continue to be considered a penny stock so long as it trades below $5.00 per share and as such, trading in our Common Stock will
be subject to the requirements of Rule 15g-9 under the Securities Exchange Act of 1934.  Under this rule, broker/dealers who recommend
low-priced securities to persons other than established customers and accredited investors must satisfy special sales practice requirements.
The broker/dealer must make an individualized written suitability determination for the purchaser and receive the purchaser’s written
consent prior to the transaction.

SEC regulations also require additional
disclosure in connection with any trades involving a “penny stock,” including the delivery, prior to any penny stock transaction,
of a disclosure schedule explaining the penny stock market and its associated risks.  In addition, broker-dealers must disclose
commissions payable to both the broker-dealer and the registered representative and current quotations for the securities they offer.
The additional burdens imposed upon broker-dealers by such requirements may discourage broker-dealers from recommending transactions
in our securities, which could severely limit the liquidity of our securities and consequently adversely affect the market price for
our securities.  In addition, few broker or dealers are likely to undertake these compliance activities.  Other risks associated
with trading in penny stocks could also be price fluctuations and the lack of a liquid market.  See “RISK FACTORS.”

RULE 144

Rule 144, adopted by the Securities and Exchange Commission
pursuant to the Securities Act of 1933, generally provides an exemption for the resale or privately offered securities provided the conditions
of the rule are met, which include, among other limitations, that the securities be held for a minimum of six months due to the fact that
we expect to be a reporting company pursuant to the Securities Exchange Act of 1934, as amended.  Consequently, our shareholders
who are affiliates and whose shares are not being registered as part of the registration statement we have filed with the SEC (of which
this Prospectus is a part) may not be able to avail themselves of Rule 144 or otherwise be readily able to liquidate their investments
in the event of an emergency or for any other reason, and the shares may not be accepted as collateral for a loan.  If such non-affiliate
has owned the shares for at least six months, he or he may sell the shares without complying with any of the restrictions of Rule 144
once we are deemed a reporting company.

Rule 144 under the Act provides an exemption from the registration requirements
of the Securities Act and allows the holders of restricted securities to sell their securities utilizing one of the provisions of this
Rule.

INTERESTS OF NAMED EXPERTS AND COUNSEL

No expert or counsel named in this Prospectus as having
prepared or certified any part of this Prospectus or having given an opinion upon the validity of the securities being registered or upon
other legal matters in connection with the registration or offering of the Common Stock was employed on a contingency basis, or had, or
is to receive, in connection with the offering, a substantial interest, direct or indirect, in the Company or any of its parents or subsidiaries.
Nor was any such person connected with the Company or any of its parents or subsidiaries as a promoter, managing or principal underwriter,
voting trustee, director, officer, or employee.

LEGAL MATTERS

The validity of the Common Stock offered hereby will
be passed upon by Mont E. Tanner, Attorney at Law, Las Vegas, Nevada.

EXPERTS