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 section entitled “Risk Factors” commencing on page 5, before buying any shares of the Company’s common stock. for additional information regarding the risks associated with our company and common stock. Neither the U.S. Securities and Exchange Commission nor any state securities division has approved or disapproved these securities, or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense. Our securities are not currently listed on any exchange. Immediately following completion of this offering, we plan to contact a market maker to apply to have the shares listed and quoted on the OTC Pink Market; however, we cannot guarantee that our application will be accepted or approved. As of the date of this filing, there have been no discussions or understandings between us, or anyone acting on our behalf, with any market maker regarding participation in a future listing of our securities.

The date of this prospectus is May____, 2026.

TABLE OF CONTENTS

Page No.

SUMMARY OF THE PROSPECTUS 1

SPECIAL NOTE ABOUT FORWARD-LOOKING STATEMENTS 7

RISK FACTORS 8

USE OF PROCEEDS 13

DETERMINATION OF THE OFFERING PRICE 14

DILUTION 14

PLAN OF DISTRIBUTION 16

DESCRIPTION OF OUR BUSINESS 17

MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS 35

MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 37

DIRECTORS, EXECUTIVE OFFICERS, PROMOTORS AND CONTROL PERSONS 41

EXECUTIVE COMPENSATION 42

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS & MANAGEMENT 42

CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 43

DESCRIPTION OF SECURITIES 43

SHARES ELIGIBLE FOR FUTURE SALE 44

INTERESTS OF NAMED EXPERTS AND COUNSEL 44

LEGAL MATTERS 45

EXPERTS 45

DISCLOSURE OF COMMISSION POSITION ON INDEMNIFICATION FOR SECURITIES ACT LIABILITIES 45

ADDITIONAL INFORMATION 45

FINANCIAL STATEMENTS F-1

SUMMARY OF THE PROSPECTUS

This summary provides an overview of certain
information contained elsewhere in this Prospectus and does not contain all of the information that you should consider or that may be
important to you.  Before making an investment decision, you should read the entire Prospectus carefully, including the “Risk
Factors” section and the financial statements and the notes to the financial statements.  In this Prospectus, the terms “the
“Company,” “we,” “us” and “our” refer to Palermo Technologies Inc., unless otherwise specified
herein.

General

Palermo Technologies Inc. (“we, “us,”
“our,” the “Company” or “Palermo”) was incorporated in the state of Wyoming on July 2, 2025.  Our
principal executive offices are located at 1122-1577 Gulf Road, Point Roberts, WA 98281.  Our telephone number is (307) 357-3085.

OPERATIONS

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.  See “DESCRIPTION OF OUR BUSINESS” on page

Our secure communications infrastructure platform
is under development and does not currently exist as a commercially available product. The features and functionality described in this
prospectus represent our current development objectives and are subject to change. We may not be able to develop these features or bring
a product to market.

We have assets of $6,469 as at January 31, 2026,
comprised of cash and other advances. We have not had sales or profits but have incurred net losses from our inception on July 2, 2025
through January 31, 2026, and may continue to incur losses as we execute our strategies and may never attain profitability.  If we
fail to execute our business strategy or if there is a change in the demand for our products or market conditions, or any other assumptions
we used in formulating our business strategy, our long-term strategy may not be successful and we may not be able to achieve and/or maintain
profitability.  These and other factors raise substantial doubt by our auditors about our ability to continue as a going concern,
which has been expressed in their audit opinion.

As of the date of this Prospectus our management only
devotes approximately 30 hours per week to our affairs.  These hours may increase if and when our business activity increases, of
which there is no assurance.  Additionally, our management owns in excess of a majority of our outstanding Common Stock and will
continue to own over a majority of our outstanding shares even if all of the shares being offered herein are sold.  As a result,
they have the ability to determine the outcome on all matters requiring approval of our shareholders, including the election of directors
and approval of significant corporate transactions.  See “RISK FACTORS.”

Our financial statements accompanying this Registration
Statement have been prepared assuming that we will continue as a going concern, which contemplates the realization of assets and liquidation
of liabilities in the normal course of business.  We incurred net losses of $10,329 during the fiscal year ended July 31, 2025.  We
have no revenues since our inception.  Our operations have been sustained by loans from our President.  Total stockholders’
deficit at July 31, 2025 was $4,732.  If we fail to raise the necessary capital in the future to execute our business plan, our long-term
strategy may not be successful, and we may not be able to achieve and/or maintain profitability.

While our current burn rate is nominal, it is expected
that our costs of operations will increase significantly due primarily to the costs associated with being a reporting company.  Based
upon our current business plan, we may continue to incur losses in the foreseeable future and there can be no assurances that we will
ever establish profitable operations.  These and other factors raise substantial doubt by our auditors about our ability to continue
as a going concern.  See “RISK FACTORS.”

Following is a brief summary of this offering.
Please see the Plan of Distribution section for a more detailed description of the terms of the offering.

Common stock outstanding	5,000,000

Common stock being sold in this offering	3,500,000 shares of common stock, par value $0.0001

Control of our Company	Our management and affiliates currently own all of our issued and outstanding common stock and will continue to own sufficient common shares to control our operations after this offering, irrespective of its outcome.

Offering Price per Share	$0.10

Net Proceeds to Company	$325,000

Termination of the Offering	The offering will commence on the effective date of this Prospectus and will terminate on or before ________, 2026.

Market for our Common Stock	There is presently no public market for our common stock. We anticipate applying for the quotation of our common stock on the OTC Pink Market upon the completion of this offering. There can be no assurance that a market maker will agree to file the necessary documents with the Financial Industry Regulatory Authority (“FINRA”), or that our application to list our common stock for trading will be approved.

Use of Proceeds	We intend to use the proceeds from the sale of our Stock for working capital.

Sale of Shares	The stock will be sold without the services of an underwriter by our President and Director, Roger McClay. He will attempt to sell the shares to friends, family members and acquaintances and will receive no compensation for his efforts. He will not purchase any shares in this offering.

We have no present plans to be acquired or to merge
with another company nor do we or any of our shareholders have any plans to enter into a change of control or similar transaction.

Emerging Growth Company

We are an emerging growth company under the JOBS Act.
We shall continue to be deemed an emerging growth company for the first five fiscal years after completing the offering, unless one of
the following occurs:

·	our total annual gross revenues are $1.07 billion or more;

·	we issue more than $1 billion in non-convertible debt in the past three years; or

·	we become a “large accelerated filer,” as defined in Exchange Act Rule 12b-2.

As an emerging growth company we are exempt from Section
404(b) of Sarbanes Oxley.  Section 404(a) requires issuers to publish information in their annual reports concerning the scope and
adequacy of the internal control structure and procedures for financial reporting.  This statement shall also assess the effectiveness
of such internal controls and procedures.  Section 404(b) requires that the registered accounting firm shall, in the same report,
attest to and report on the assessment and the effectiveness of the internal control structure and procedures for financial reporting.