Parabolic Technologies, Inc. amended its certificate of incorporation to raise its total authorized capital stock, according to an exhibit filed with the SEC.
The amendment, approved by the company's board of directors and its stockholders under Section 242 of the Delaware General Corporation Law, revises Article IV of the company's Second Amended and Restated Certificate of Incorporation.
Under the revised terms, Parabolic Technologies is now authorized to issue a total of 850,000,000 shares of capital stock. This includes 750,000,000 shares of Class A common stock, 25,000,000 shares of Class B common stock, and 75,000,000 shares of preferred stock, each carrying a par value of $0.0001 per share.
The Certificate of Amendment became effective at 12:01 a.m. Eastern Time on October 30, 2026, and was signed by Joseph Davy, Chief Executive Officer of Parabolic Technologies.
$PARAParamount GlobalPrice3.08 USD ▼28.98%Net sentiment+0.13Bullish58%Mentions · 30d161 ▼29%Samplen=161Avg volume6,434View on the dashboardFinazon · prior-day close, indicative (IEX-derived, not the official close) · Oct 30, 2026
