SEC Filing Document

Company: Palermo Technologies Inc.
Ticker: 
CIK: 2101355
Filing Type: S-1
Document Type: S-1
Date Filed: 2026-01-20
Accession Number: 0002097570-26-000005
Exchange: 
SIC Code: 4899
SIC Description: Communications Services, NEC
URL: https://www.sec.gov/Archives/edgar/data/2101355/000209757026000005/pale-20260120_s1.htm

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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. expect to raise additional capital during 2025 but we do not have any firm commitments. If we are unsuccessful in raising additional capital, or the terms of raising such capital are unacceptable, we may have to modify our business plan and/or significantly curtail our planned activities and other operations.

There
are substantial doubts about our ability to continue as a going concern and if we are unable to continue our business, our shares may
have little or no value.

The
company’s ability to become a profitable operating company is dependent upon its ability to generate revenues and/or obtain financing
adequate to fulfill its research and market introduction activities, and achieving a level of revenues adequate to support our cost structure
has raised substantial doubts about our ability to continue as a going concern.  We plan to attempt to raise additional equity capital
by selling shares in this offering and, if necessary, through one or more private placement or public offerings.  However, the doubts
raised, relating to our ability to continue as a going concern, may make our shares an unattractive investment for potential investors.
These factors, among others, may make it difficult to raise any additional capital.

Are Dependent On Our President, To Guide Our  Operations and Implement Our Plan Of Operations. If We Lose Such Services We Will
Have To Change Our Business Plan/Direction or Cease Operations.

Our
success will depend on the ability and resources of our President. If we lose the services of our CEO, we will be forced to either change
our business plan and direction or cease operations. We have no written employment agreement with our CEO. We have not obtained any key
man life insurance relating to our President. If we lose such services, we may not be able to hire and retain another leader with comparable
experience. As a result, the loss of Roger McClay’s services could impact our revenues. We have no written employment agreement
or covenant not to compete with Mr. McClay.

Risks
Relating to Our Business

Our
technology is still under development and may not perform as intended.

Our
software and security infrastructure are in prototype or testing stages. Unexpected technical challenges, performance limitations, or
security vulnerabilities could delay product release or reduce customer adoption. Any failure to deliver reliable, secure, and scalable
solutions could harm our reputation and prospects.

operate in a competitive and rapidly evolving industry.

The
secure communications and cybersecurity markets are highly competitive, with many established companies and emerging startups. Larger
competitors may have greater financial, technical, and marketing resources, which could make it difficult for us to gain market share
or attract customers.

Changes
in laws or government regulations could adversely affect our business.

Our
products may be subject to data privacy, encryption, and export control laws that are complex and frequently changing. Compliance may
become costly, or new regulations could limit our ability to develop or distribute certain technologies.

Our
financial statements may not be comparable to those of companies that comply with new or revised accounting standards.

have elected to take advantage of the benefits of the extended transition period that Section 107 of the JOBS Act provides an emerging
growth company, as provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. Our financial
statements may, therefore, not be comparable to those of companies that comply with such new or revised accounting standards. We cannot
predict if investors will find our common stock less attractive because we may rely on these exemptions. If some investors find our common
stock less attractive as a result, there may be a less active trading market for our common stock and our stock price may be more volatile.

Even
if we no longer qualify as an emerging growth company, as a smaller reporting company, we would still be eligible to use reduced disclosure
requirements, which may make our common stock less attractive to investors.

Even
if we no longer qualify as an emerging growth company, we may still qualify as a smaller reporting company. As such, we plan to take
advantage of reduced disclosure obligations, including regarding executive compensation, in our periodic reports and proxy statements.
As a result, investors may find our common stock less attractive. As a smaller reporting company that is a non-accelerated filer, we
also will not be subject to Section 404(b) of the Sarbanes-Oxley Act, which would require that our independent auditors review and attest
to the effectiveness of our internal control over financial reporting. We would remain a smaller reporting company as long as (1) the
public float for our securities remains below $250 million or (2) our annual revenues remain below $100 million and our public float
remains below $700 million. We would remain a non-accelerated filer as long as the public float of our securities remains below $75 million
(or any higher threshold amount, as currently proposed by the Securities and Exchange Commission).

Risks
Relating to our Stock

The
Offering price of $0.10 per share is arbitrary.

The
Offering price of $0.10 per share has been arbitrarily determined by our management and does not bear any relationship to the assets,
net worth or projected earnings of the Company, or any other generally accepted criteria of value.

have no firm commitments to purchase any shares.

have no firm commitment for the purchase of any shares.  Therefore, there is no assurance that a trading market will develop or
be sustained.  The Company has not engaged a placement agent or broker for the sale of the shares.  The Company may be unable
to identify investors to purchase the shares and may have inadequate capital to support its ongoing business obligations.

Our
Sole Officer and Director beneficially owns a significant percentage of our outstanding voting securities which could reduce the ability
of minority shareholders to effect certain corporate actions

Our
Sole Officer and Director beneficially owns a substantial majority of our voting securities. As a result, currently, and after the offering,
the company will possess a significant influence and can elect a majority of our board of directors and authorize or prevent proposed
significant corporate transactions. The Company’s ownership and control may also have the effect of delaying or preventing a future
change in control, impeding a merger, consolidation, takeover or other business combination or discourage a potential acquirer from making
a tender offer.

Because
our Sole Officer and Director owns a substantial majority of our Common Stock, it may not be possible to have adequate internal controls.

Section
404 of the Sarbanes-Oxley Act of 2002 ("Section 404") requires our management to report on the operating effectiveness of the
Company's Internal Controls over financial reporting for the year ending December 31 following the year in which this registration statement
is declared effective. We must establish an ongoing program to perform the system and process evaluation and testing necessary to comply
with these requirements. However, because our Sole Officer and Director owns a substantial majority of our voting securities and will
continue to own the majority of our voting securities after the offering, it may not be possible to have adequate internal controls.
We cannot predict what affect this will have on our stock price.

Our
shares are not currently traded on any market or exchange.  We will apply to have our common stock traded over the counter; there
is no guarantee that our shares will ever be quoted on the OTC Pink Market listed or on an exchange, which could severely impact their
liquidity.

Currently
our shares are not traded on any market or exchange.  We will apply to have our common stock quoted via the OTC Pink Market.
Therefore, our common stock is expected to have fewer market makers, lower trading volumes and larger spreads between bid and asked prices
than securities listed on an exchange such as the New York Stock Exchange or the NASDAQ Stock Market.  These factors may result
in higher price volatility and less market liquidity for the common stock.  It is possible that the company’s shares may never
be quoted on the OTC Pink Market listed on an exchange.

low market price would severely limit the potential market for our common stock.