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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by or paid to our executive officers. We do not currently have an established policy to provide compensation to members of our Board of Directors for their services in that capacity, although we may choose to adopt a policy in the future. Summary Compensation Table Salary Bonus Option Awards All Other Compensation Total Name and Principal Position Year ($) ($) ($) ($) ($) Roger McClay 2025 – – – – – COMPENSATION OF DIRECTORS Our director is not currently being compensated and we expect no compensation to be paid for the foreseeable future. Although no payments to Directors have been made, they may be reimbursed for actual expenses incurred for each meeting of the Board that they attend. STOCK PLAN have not adopted a stock plan but may do so in the future. EMPLOYMENT AGREEMENTS None of our executive officers are party to any employment agreement with us. DIRECTOR INDEPENDENCE

Our
securities are not currently traded on any public exchange and as such, we are not currently subject to corporate governance standards
of listed companies, which require, among other things, that the majority of the board of directors be independent.  We are not
currently subject to corporate governance standards defining the independence of our directors, and we have chosen to define an “independent”
director in accordance with the NASDAQ Global Market’s requirements for independent directors.

Under
the NASDAQ rules, our current director does not qualify as an independent director.

SECURITY
OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The
following table sets forth certain information, as of the date of this Prospectus the total number of shares owned beneficially by our
sole director and officer as well as all present owners of 5% or more of our total outstanding shares.  The table also reflects
what the percentage of ownership will be assuming completion of the sale of all shares in this offering, which we cannot guarantee.
The stockholder listed below has direct ownership of his shares and possesses sole voting and dispositive power with respect to the shares.

Number
of Shares Percentage
of Outstanding
Common
Shares*

Name
and Address Title
of Class Beneficially
Owned Prior
to Offering

Roger
McClay, CEO & Director
Gulf Road
Point
Roberts, WA 98281 Common 5,000,000 58.82	%

Officers and Directors as a group (1 person) Common 5,000,000 58.82	%

Based on 3,500,000 shares sold in the offering

FUTURE
SALES BY EXISTING STOCKHOLDERS

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

July 2, 2025, Roger McClay acquired 5,000,000 shares directly from the Company, for services rendered to the Company.

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 $26,702.

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.

TRANSFER
AGENT AND REGISTRAR

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

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