Palermo Technologies Inc.

S-1/A amended

Price $0.10 · Range $0.10 to $0.10 · 3,500,000 shares · Gross proceeds $350,000

S-1/A amended

Price $0.10 · Range $0.10 to $0.10 · 3,500,000 shares · Gross proceeds $350,000

Palermo Technologies Inc. is conducting an initial public offering (IPO) of up to 3,500,000 shares of common stock at $0.10 per share, aiming to raise up to $350,000 in gross proceeds. The company, incorporated in Wyoming in 2025, focuses on developing a sovereign-grade, AI-enhanced encrypted communications platform for governments and regulated entities. It has no revenue, operates at a loss, and relies on loans from its CEO. The offering is self-underwritten by the sole officer and director, with no underwriter involved. The company lacks a public market for its shares and faces significant risks related to its going-concern status, lack of operating history, and dependence on a single individual.

S-1/A amended

Price $0.10 · 3,500,000 shares · Gross proceeds $350,000

Palermo Technologies Inc. remains a development-stage company with no revenue, operating losses, and significant reliance on external funding. The current S-1/A filing includes unaudited financial statements through October 2025, showing increased liabilities and accumulated deficits. The auditor highlighted going concern uncertainties due to limited capital and management's reliance on future fundraising. The company's business model involves AI-driven secure communication solutions, but no revenue generation has been achieved.

S-1 filed

Price $0.10 · 3,500,000 shares · Gross proceeds $350,000

Palermo Technologies Inc. is a development-stage company incorporated in Wyoming, focused on providing secure peer-to-peer communication solutions using AI-driven encryption and routing. As of July 2025, the company has no revenue, incurred a net loss of $829, and relies on related-party funding to sustain operations. Its auditors highlighted 'going concern' uncertainties due to limited working capital, cumulative losses, and dependence on future equity or debt financing. The company’s financials show minimal cash reserves and growing liabilities, with no assurance of long-term viability.