Parabolic Technologies, Inc. Announces Pricing of $13.5 Million Underwritten Public Offering

The financing includes two common warrants per unit, with additional securities available through an underwriter over-allotment option.

Rhea-AI Summary

Parabolic Technologies (Nasdaq: PARA) priced an underwritten public offering expected to raise approximately $13.5 million in gross proceeds.

The offering comprises 4,963,235 Common Units or Pre-Funded Units, priced at $2.72 and $2.71999 each, respectively. Each unit includes one Class A common share or one pre-funded warrant, plus two common warrants. Each common warrant purchases one common share at $6.80, or through an alternative cashless exercise option. Gross proceeds exclude underwriting fees and other offering expenses.

The company expects closing on or about November 5, 2026, subject to customary closing conditions. It expects to use net proceeds alongside existing cash for general corporate purposes, working capital and repayment of certain outstanding indebtedness.

1 point · 1 major

MixediHow this balance works

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance worksHow Sentiment works

1 major · 4 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Major point. Forward-looking: it has not happened yet and may not happen.Offering funding is expected to provide approximately $13.5 million in gross proceeds. 9.5× market cap

Negative

• Major point. Forward-looking: it has not happened yet and may not happen.4,963,235 units at $2.72 or $2.71999 introduce shares or pre-funded warrants, plus two common warrants each, diluting holders.
• Minor pointCommon warrants permit additional share issuance at $6.80 per share or through an alternative cashless exercise option.
• Minor pointAegis has a 45-day over-allotment option for additional shares and/or common warrants, allowing further dilution.
• Minor point. Forward-looking: it has not happened yet and may not happen.Underwriting fees and other offering expenses reduce proceeds available to the company.

News Explained

At the second-quarter operating cash-outflow rate, the $13.5 million gross offering equals 317.9 days of outflow, while the $646,000 in cash and equivalents reported at June 30, 2026 equaled 15.2 days at that same rate.

Sources and calculations

• Parabolic Technologies pricing release (2026-11-04)
• Parabolic Technologies second-quarter 2026 fundamentals (2026Q2)

• Offering gross against the last reported quarterly operating outflow, in days at that rate $13,500,000 / ($3,865,000 / 91) = 317.9 days
• Available liquidity against the last reported quarterly operating outflow, in days at that rate $646,000 / ($3,865,000 / 91) = 15.2 days

Argus 15 min delay 133 alerts

-89.15% vs previous close $0.2950 last price 3399.8x rel. volume Open Argus

Details

Market Reaction – PARA

+9.7% Peak in 2 min

$0.28 – $2.21 Day Range

$153,726 Mkt Cap at Last Price

On Nov 4, the day this news came out, the latest delayed price for PARA is 89.15% below the previous close. Argus tracked a peak move of +9.7% during the session. Our momentum scanner has recorded 133 alerts for this stock so far that day. The latest delayed price is $0.29. Relative volume is exceptionally heavy at 3399.8x what this stock usually trades by this time of day.

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Key Figures

Expected gross proceeds: $13.5 million Units offered: 4,963,235 units Unit offering price: $2.72 per Common Unit; $2.71999 per Pre-Funded Unit +4 more

Expected gross proceeds

$13.5 million

Public offering; before underwriting fees and other offering expenses

Units offered

4,963,235 units

Common Units or Pre-Funded Units

Unit offering price

$2.72 per Common Unit; $2.71999 per Pre-Funded Unit

Public offering price

Common Warrants per unit

2 Common Warrants

Each warrant covers one share of Common Stock

Warrant exercise price

$6.80 per share

Initial exercise price of each Common Warrant

Over-allotment option

45 days; up to 15.0% additional shares and/or 30.0% additional Common Warrants

Percentages are based on the number of Common Units sold

Expected closing

On or about November 5, 2026

Subject to customary closing conditions

Key Terms

firm commitment, pre-funded warrant, cashless exercise, form s-1

4 terms

firm commitment financial

"pricing of a firm commitment underwritten public offering"

An underwriting agreement where an investment bank guarantees to buy an entire new issue of securities from an issuer and then resell them to the public. Think of it as a store owner agreeing to buy a whole shipment upfront so the seller gets paid immediately; for investors this matters because it reduces the risk that the offering will fail, sets the initial supply and price pressure in the market, and signals underwriter confidence in selling the shares.

pre-funded warrant financial

"one (1) Pre-Funded Warrant"

A pre-funded warrant is a financial instrument that gives the holder the right to buy shares of a company's stock at a set price, with most of the purchase cost already paid upfront. It functions like a nearly fully paid option, allowing investors to secure shares quickly while minimizing the amount of additional money they need to invest later. This helps investors gain ownership rights efficiently, often used to avoid certain regulatory restrictions or to prepare for future stock purchases.

cashless exercise financial

"pursuant to an alternative cashless exercise option"

A cashless exercise is a way for an option holder to convert stock options into actual shares without paying the purchase price in cash; instead they immediately give up a portion of the newly issued shares to cover the cost and any withholding taxes. Investors care because this process increases the number of shares available and can slightly dilute existing holdings, while also signaling how insiders or employees are realizing compensation without needing cash — similar to paying for a purchase by handing over part of what you just bought.

form s-1 regulatory

"A registration statement on Form S-1"

A Form S-1 is the registration filing a company submits to the U.S. Securities and Exchange Commission when it plans to offer stock to the public, most commonly for an initial public offering. Think of it as the company’s full disclosure packet or blueprint: it contains audited financials, business description, management background, risk factors and details of the offering, giving investors the information needed to judge the company’s financial health and potential risks before buying shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEATTLE, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Parabolic Technologies, Inc. (Nasdaq: PARA) (the “Company”), a leading AI-powered agentic applications technology company, today announced the pricing of a firm commitment underwritten public offering with gross proceeds to the Company expected to be approximately $13.5 million, before deducting underwriting fees and other offering expenses payable by the Company.

The offering consists of 4,963,235 Common Units (or Pre-Funded Units), each consisting of (i) one (1) share of Class A Common Stock or one (1) Pre-Funded Warrant and (ii) two (2) Common Warrants to purchase one (1) share of Common Stock per warrant at an exercise price of $6.80. The public offering price per Common Unit is $2.72 (or $2.71999 for each Pre-Funded Unit, which is equal to the public offering price per Common Unit to be sold in the offering minus an exercise price of $0.00001 per Pre-Funded Warrant). The Pre-Funded Warrants will be immediately exercisable and may be exercised at any time until exercised in full. For each Pre-Funded Unit sold in the offering, the number of Common Units in the offering will be decreased on a one-for-one basis. The initial exercise price of each Common Warrant is $6.80 per share of Common Stock or pursuant to an alternative cashless exercise option.

Solely to cover over-allotments, if any, the Company has granted Aegis Capital Corp. (“Aegis”) a 45-day option to purchase (i) additional shares of Common Stock of up to 15.0% of the number of Common Units sold in the offering and/or (ii) additional Common Warrants of up to 30.0% of the number of Common Units sold in the offering. The purchase price to be paid per additional share of Common Stock will be equal to the public offering price of one Common Unit (less $0.00001 allocated to each full warrant), less the underwriting discount. The purchase price to be paid per additional Common Warrant will be $0.00001.

Aggregate gross proceeds to the Company are expected to be approximately $13.5 million. The transaction is expected to close on or about November 5, 2026, subject to the satisfaction of customary closing conditions. The Company expects to use the net proceeds from the offering, together with its existing cash, for general corporate purposes, working capital and the repayment of certain outstanding indebtedness.

Aegis Capital Corp. is acting as the sole book-running manager for the offering. Hunter Taubman Fischer & Li LLC is acting as counsel to the Company. Kaufman & Canoles, P.C. is acting as counsel to Aegis Capital Corp.

A registration statement on Form S-1 (No. 333-299744) previously filed with the U.S. Securities and Exchange Commission (the “SEC”) on October 30, 2026, was declared effective by the SEC on November 3, 2026. The offering is being made only by means of a prospectus. A final prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website located at www.sec.gov. Electronic copies of the final prospectus may be obtained, when available, by contacting Aegis Capital Corp., Attention: Syndicate Department, 1345 Avenue of the Americas, 27th floor, New York, NY 10105, by email at syndicate@aegiscap.com, or by telephone at +1 (212) 813-1010. Before investing in this offering, interested parties should read the prospectus in its entirety, which provides more information about the Company and such offering.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Parabolic Technologies, Inc.

Parabolic builds agentic applications that power the future of business. We believe that the future of enterprise software will be agentic applications that are net-beneficiaries of AI transformation, and we focus on building, acquiring, and investing in those and related businesses. We have over 150,000 customers including Amazon, Dell, Salesforce, Aflac, Thermo Fisher Scientific, RBC Wealth Management, and Fitch Group. Learn more at www.parabolic.io. For investors, please visit ir.banzai.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often use words such as “believe,” “may,” “will,” “estimate,” “target,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “propose,” “plan,” “project,” “forecast,” “predict,” “potential,” “seek,” “future,” “outlook,” and similar variations and expressions. Forward-looking statements are those that do not relate strictly to historical or current facts. Examples of forward-looking statements may include, among others, statements regarding Parabolic Technologies, Inc.’s (the “Company’s”): future financial, business and operating performance and goals; annualized recurring revenue and customer retention; ongoing, future or ability to maintain or improve its financial position, cash flows, and liquidity and its expected financial needs; potential financing and ability to obtain financing; acquisition strategy and proposed acquisitions and, if completed, their potential success and financial contributions; strategy and strategic goals, including being able to capitalize on opportunities; expectations relating to the Company’s industry, outlook and market trends; total addressable market and serviceable addressable market and related projections; plans, strategies and expectations for retaining existing or acquiring new customers, increasing revenue and executing growth initiatives; and product areas of focus and additional products that may be sold in the future. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Forward-looking statements are not guarantees of future performance, and our actual results of operations, financial condition and liquidity and development of the industry in which the Company operates may differ materially from those made in or suggested by the forward-looking statements. Therefore, investors should not rely on any of these forward-looking statements. Factors that may cause actual results to differ materially include changes in the markets in which the Company operates, customer demand, the financial markets, economic, business and regulatory and other factors, such as the Company’s ability to execute on its strategy. More detailed information about risk factors can be found in the Company’s Annual Report on Form 10-K and the Company’s Quarterly Reports on Form 10-Q under the heading “Risk Factors,” and in other reports filed by the Company, including reports on Form 8-K. The Company does not undertake any duty to update forward-looking statements after the date of this press release.

Investor Relations
Dean Ditto
Chief Financial Officer
206 414-1777
ir.banzai.io

Media
Paul Witkowski
Senior Director Financial Reporting
media@parabolic.io

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much is Parabolic Technologies raising, and what is the offering price?

Parabolic Technologies expects approximately $13.5 million in gross proceeds before underwriting fees and other offering expenses. The offering comprises 4,963,235 Common Units or Pre-Funded Units at $2.72 or $2.71999 each, respectively.

How do PARA's pre-funded warrants work in this offering?

The pre-funded warrants are immediately exercisable at $0.00001 each and remain exercisable until exercised in full. Each Pre-Funded Unit sold reduces the number of Common Units offered on a one-for-one basis.

What additional securities can Aegis buy in Parabolic Technologies' offering?

Solely to cover over-allotments, Aegis has a 45-day option to purchase additional common shares up to 15.0% of the number of Common Units sold and/or additional common warrants up to 30.0% of that number. Each additional warrant costs $0.00001. Each additional share costs the Common Unit offering price, less $0.00001 allocated to each full warrant and the underwriting discount.