Articles from Parabolic Technologies, Inc.

SEATTLE, Nov. 05, 2026 (GLOBE NEWSWIRE) -- Parabolic Technologies, Inc. (Nasdaq: PARA) (the “Company”), a leading AI-powered agentic applications technology company, today announced the closing of its previously announced firm commitment underwritten public offering. Gross proceeds to the Company were approximately $13.5 million, before deducting underwriting fees and other offering expenses payable by the Company. The offering closed on November 5, 2026.

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.