Parabolic Technologies repays convertible note in cash

The conversion price was 95% of the Class A stock price on the trading day immediately before delivery of a conversion notice, subject to a floor price.

Available on EDGAR 11/10/2026 - 09:28 PM EST Accepted by SEC EDGAR 11/10/2026 - 09:28 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Parabolic Technologies, Inc. repaid in cash the entire loan balance of a convertible note held by CP BF Lending, LLC, identified as a former 10% Beneficial Owner, on November 6, 2026; CP BF Lending reported disposition of the note. The note was not converted into Class A common stock before repayment. The note’s underlying security was 1,079,709 Class A common shares, and the reported position after the transaction was 0.

Insider Trade Summary

Derivative Expiration/Cancellation: 0 shares

Derivative Expiration/Cancellation 1 txn

Insider CP BF Lending, LLC

Role Insider

Type	Security	Shares	Price	Value
Derivative Expiration/Cancellation	Convertible Note F1	--	--	--

Holdings After Transaction: Convertible Note — 0 (Direct)

Footnotes (1)

1. F1. The Issuer repaid the entire loan balance of the convertible note with cash on November 6, 2026. The conversion price was equal to 95% of the price of the Class A common stock on the trading day immediately preceding delivery of any conversion notice, subject to the floor price, as amended. The convertible note was not converted into any shares of Class A common stock of the Issuer prior to repayment.

Key Figures

Underlying Class A common shares: 1,079,709 shares Reported position after transaction: 0 Conversion price formula: 95%

3 metrics

Underlying Class A common shares 1,079,709 shares Underlying security for the convertible note

Reported position after transaction 0 Convertible note

Conversion price formula 95% Of the Class A common stock price on the trading day immediately preceding delivery of any conversion notice, subject to the floor price, as amended

Key Terms

convertible note, conversion price, floor price

3 terms

convertible note financial

"The convertible note was not converted into any shares"

A convertible note is a type of loan that a company gets from investors, which can later be turned into company shares instead of being paid back in cash. It matters because it helps startups raise money quickly without setting a fixed value for the company right away, making it easier to grow and attract investors.

conversion price financial

"The conversion price was equal to 95%"

The conversion price is the fixed price at which a convertible security, like a bond or preferred stock, can be exchanged for shares of common stock. It acts like a set rate that determines how many shares an investor can receive if they choose to convert their investment. This helps investors understand the value and potential benefits of converting their securities into company shares.

floor price financial

"subject to the floor price, as amended"

The floor price is the minimum price at which a security, asset, or offering will be sold or accepted, acting like a seller’s “bottom line” or a reserve in an auction. For investors it matters because it sets a visible downside limit and can influence trading, valuation, and expectations of risk—like knowing there’s a safety net that a sale won’t go below a set level.

FAQ

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

Was the PARA convertible note converted into shares?

No. The convertible note was not converted into any Class A common stock before repayment; Parabolic Technologies repaid the entire loan balance in cash on November 6, 2026.

How was the conversion price set for CP BF Lending’s PARA note?

The conversion price was 95% of the Class A common stock price on the trading day immediately preceding delivery of any conversion notice, subject to the floor price, as amended.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

CP BF Lending, LLC

(Last) (First) (Middle)

1910 FAIRVIEW AVE E

SUITE 300

(Street)

SEATTLE WASHINGTON 98102

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Parabolic Technologies, Inc. [ PARA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Former 10% Beneficial Owner

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Convertible Note	(1)	11/06/2026		H			$5,070,014(1)	10/10/2024	02/19/2027(1)	Class A Common Stock	1,079,709(1)	(1)	0	D

Explanation of Responses:

1. The Issuer repaid the entire loan balance of the convertible note with cash on November 6, 2026. The conversion price was equal to 95% of the price of the Class A common stock on the trading day immediately preceding delivery of any conversion notice, subject to the floor price, as amended. The convertible note was not converted into any shares of Class A common stock of the Issuer prior to repayment.

	CP BF Lending, LLC, By /s/ Alan Spragins, Authorized Signatory	11/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)