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Parabolic Technologies Closes $13.5 Million Public Offering

PUBT·11/05/2026 19:31:49
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Parabolic Technologies Closes $13.5 Million Public Offering
  • Parabolic Technologies closed its underwritten public offering, raising approximately $13.5 million in gross proceeds before underwriting fees and other offering expenses.
  • The offering comprised 4,963,235 Common Units or Pre-Funded Units, with Common Units priced at $2.72 each.
  • Each unit included one Class A Common Stock share or Pre-Funded Warrant, alongside two Common Warrants.
  • Each Common Warrant carries an initial exercise price of $6.80 per share, with an alternative cashless exercise option.
  • Aegis Capital received a 45-day overallotment option covering additional shares equivalent to 15% of Common Units sold and/or additional Common Warrants equivalent to 30%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parabolic Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611051431PRIMZONEFULLFEED9871599) on November 05, 2026, and is solely responsible for the information contained therein.