Key Highlights

  • Nasdaq issued a delisting determination after the bid stayed under USD 1.00 for 30 consecutive Business days, from September 15 to October 26, 2026.
  • Cumulative reverse splits since July 2025 total a 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.
  • Without a timely request, trading would be suspended at the open on November 5, 2026.
  • Preliminary third quarter 2026 Revenue was about USD 4.7 million, up 65% from USD 2.8 million.

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

Parabolic Technologies (NASDAQ:PARA) was down 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 implies a prior close of about USD 2.72 (calculated).

No company announcement dated November 3 or November 4, 2026 was identified as a direct trigger, and no filing confirming that the hearing request was made was found. The move comes on the first trading day after the hearing deadline, a period when uncertainty about the listing is high.

What Does the Nasdaq Determination Say?

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

Because of earlier reverse splits, the company was not eligible 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 intends to request a hearing and present a plan to regain compliance, including the October 27 split. A timely request stays the suspension pending a panel decision, though the company gave no assurance of approval. Shares continue to trade under PARA for now.

Business Background and Recent Results

Parabolic Technologies is the new name of 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 called 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 described a USD 9.3 million annualized cost savings program.

Share Authorizations, Balance Sheet and Risks

The filing also reported a charter amendment lifting 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 room for new shares, so dilution is a clear risk. The filing did not give cash or Debt balances, and these should appear in the full quarterly report.

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

What to Watch Next

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 scheduled full third quarter results for November 16, 2026 after market close. Audited revenue versus the preliminary figure, cash, and any Equity issuance under the new authorizations will indicate whether the business supports the share price. Pre-market Volume is thin, so the move can change after the regular session opens.