Parabolic Technologies, Inc. has achieved a significant milestone with the effectiveness of its S-1 registration statement, as reported in its recent SEC filing. This event is crucial for the company as it opens avenues for attracting investments and expanding its operations in the competitive prepackaged software sector.

Background

Parabolic Technologies, Inc. is categorized under the SIC code 7372, which pertains to Services-Prepackaged Software. The company is listed on the Nasdaq under the tickers PARA and PARAW. Recent filings indicate that Parabolic is classified as a smaller reporting company and a non-accelerated filer.

What the Filing Says

The SEC filing, dated November 3, 2026, confirms the effectiveness of the S-1 registration statement. It states, "final effectiveness disp date: 2026-11-03," indicating that the company is now authorized to proceed with its plans to raise capital through this registration.

Impact

This development may significantly affect potential investors and stakeholders within the technology sector, particularly those interested in prepackaged software solutions. As Parabolic Technologies prepares to leverage this registration, it may also influence its competitors in the industry.

What's Next

The filing does not say what happens next.

Company Details

Parabolic Technologies, Inc. is incorporated in Delaware and operates out of Bainbridge Island, Washington. The company has a fiscal year that ends on December 31. Its business address is 435 Ericksen Ave NE, Suite 250, Bainbridge Island, WA 98110, and it can be contacted at the phone number 206-414-1777.

Former Names

Notably, Parabolic Technologies was previously known as Banzai International, Inc., with a name change effective December 15, 2023. Before that, it operated under the name 7GC & Co. Holdings Inc., which was changed on September 24, 2020.

Regulatory Information

The filing is made under the Securities Act of 1933, and the SEC file number associated with this registration is 333-299744. The effectiveness of the S-1 registration statement is a key regulatory step that allows Parabolic to move forward with its capital-raising initiatives.

Market Position

As a smaller reporting company, Parabolic Technologies may benefit from reduced disclosure requirements, which can facilitate a more agile response to market opportunities. This status, combined with its classification in the prepackaged software sector, positions the company uniquely to capitalize on emerging trends in technology.