Key Highlights

  • The stock was up 18.93% to USD 2.01 in pre-market trading on November 3, 2026.
  • No company announcement dated October 30 to November 3, 2026 was identified as the trigger.
  • Preliminary Q3 2026 Revenue was about USD 4.7 million, up 106% from USD 2.3 million in Q2 2026.
  • A 1-for-10 Reverse Stock Split took effect on October 27, 2026.
  • Full third quarter results are scheduled for November 16, 2026.

What moved Parabolic Technologies shares in pre-market trading (up USD 0.3199, 18.93%)?

Parabolic Technologies (NASDAQ:PARA) was up 18.93% to USD 2.01 in pre-market trading on November 3, 2026. The move is measured against the Monday, November 2, 2026 close.

No press release or regulatory filing dated between October 30 and November 3, 2026 was identified as a clear catalyst. The stock appears to be trading on momentum after a volatile run around its rename and reverse split, and the company said it will report full results later this month.

What did the company announce recently?

According to a company press release dated October 22, 2026, Banzai International said it would change its name to Parabolic Technologies, Inc. and carry out a 1-for-10 reverse stock split of its Class A and Class B common stock, effective at market open on October 27, 2026. The ticker PARA stayed the same.

The company said the split is meant to raise the Class A share price and help maintain compliance with the Nasdaq minimum bid price requirement. Based on October 21 share counts, the company indicated roughly 506,121 Class A shares and 14,983 Class B shares would be outstanding afterward.

What does Parabolic Technologies do and how are results trending?

Parabolic Technologies is the new corporate name of Banzai International, a software company serving Marketing and sales teams. Its units include CreateStudio and its Banzai platform, and it acquired ConnectAndSell, which closed in the second quarter of 2026.

A company release dated October 7, 2026 gave preliminary Q3 2026 revenue of about USD 4.7 million, which the company called a record. That was up 65% from USD 2.8 million in Q3 2025. The figure is unaudited. A September 30, 2026 release also announced a USD 9.3 million annualized cost savings program.

What are the Balance Sheet and listing risks?

The need for a 1-for-10 reverse split signals that the share price had been under pressure relative to the Nasdaq USD 1.00 minimum bid requirement. With a very small share count after the split, trading can be thin and price moves can be exaggerated in either direction.

Acquisition-driven revenue growth also means the quarterly comparison reflects the added Business rather than organic expansion alone. Cash position, financing needs and any future Equity issuance will be important details in the full results filing.

What should investors watch next?

The key date is November 16, 2026, when the company plans to report full third quarter results after market close.

Items to follow include audited revenue versus the preliminary figure, Margin trends after the cost reduction program, commentary on the agentic platform strategy and any further Nasdaq correspondence.