Key Highlights

  • Nasdaq issued a delisting determination after the closing bid stayed below USD 1.00 for 30 consecutive Business days, from September 15 to October 26, 2026.
  • Reverse splits carried out since July 2025 add up to a cumulative 1-for-2,000 ratio.
  • A hearing request and a USD 20,000 fee were due by 4:00 p.m. ET on November 3, 2026.
  • If no timely request was made, trading would be suspended at the open on November 5, 2026.
  • Preliminary third quarter 2026 Revenue was around USD 4.7 million, up 65% from USD 2.8 million.

What Weighed on Parabolic Technologies Before the Open (down USD 0.6598, 24.26%)

Parabolic Technologies (NASDAQ:PARA) slipped 24.26% to USD 2.06 in pre-market trading on November 4, 2026, a fall of USD 0.6598 from the Tuesday, November 3, 2026 close. That points to a prior close of about USD 2.72 (calculated).

No company announcement dated November 3 or November 4, 2026 was found as a direct trigger, and no filing confirming that a hearing request had been made was located. The move came on the first trading day after the hearing deadline, a stretch when uncertainty about the listing is elevated.

What the Nasdaq Determination Says

A regulatory filing signed October 30, 2026 states that the company received a Nasdaq notice on October 27, 2026, saying its closing bid price had been under USD 1.00 for 30 consecutive business days, which fails Listing Rule 5550(a)(2).

Because of earlier reverse splits, the company did not qualify for a compliance period, so Nasdaq issued a staff delisting determination. The splits were 1-for-10 on July 8, 2025, 1-for-20 on May 8, 2026 and 1-for-10 on October 27, 2026.

The company said it plans to request a hearing and to present a plan to regain compliance, including the October 27 split. A timely request keeps the suspension on hold pending a panel decision, though the company gave no assurance of approval. Shares continue to trade under PARA for now.

Company Background and Recent Performance

Parabolic Technologies is the new name for Banzai International, a Marketing and sales software provider whose products include CreateStudio and the Banzai platform. It added ConnectAndSell through an Acquisition that closed in the second quarter of 2026.

A company release dated October 7, 2026 gave preliminary third quarter 2026 revenue of about USD 4.7 million, which the company described as a record. That compares with USD 2.8 million in the third quarter of 2025, up 65%, and USD 2.3 million in the second quarter of 2026, up 106%. The figures are unaudited. A September 30, 2026 release also outlined a USD 9.3 million annualized cost savings program.

Share Authorizations, Balance Sheet and Risk Factors

The filing also disclosed a charter amendment raising authorized shares from 350,000,000 to 850,000,000, effective October 30, 2026. Stockholders approved it with 2,221,561 votes for, 53,946 against and 4,083 abstaining. They also approved a potential public offering and note and Warrant issuances to Evergreen Capital Management, both for Nasdaq rule purposes.

Those approvals widen the room for new shares, so dilution is a clear risk. The filing did not provide cash or Debt balances, which should appear in the full quarterly report.

As a penny stock, Parabolic Technologies can be highly volatile and thinly traded, which can widen the spread between bids and offers. If trading is suspended, the shares would likely move to the over-the-counter market.

Next Steps to Track

The first marker is confirmation that the hearing request was filed and that the November 5, 2026 suspension has been stayed.

The company has also set full third quarter results for November 16, 2026 after market close. Audited revenue against the preliminary figure, cash on hand and any Equity issuance under the new authorizations will show whether the business supports the share price. Pre-market Volume is thin, so the move can shift once the regular session opens.