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Rule 147ATRL87.6–8.3Tier IIOpenNY residents only

Palisade Modular Systems

Oswego Community Tranche

The same notes as the flagship offering, in $500 denominations, reserved for New York residents.

A host community tranche running concurrently with the Reg A+ offering under Rule 152, restricted to residents of New York State under Rule 147A. Same seniority and same collateral as the flagship notes, with a 25 basis point premium and a $500 minimum, because the people who live beside the plant should be able to own a piece of it on better terms than the institution that never visits.

Oswego Energy Center · Oswego, NYITAAC in progressEscrow: Meridian Trust, N.A.
TRL 8 of 9, band 7.6 to 8.3, signed by Dr. Helena Vargas-Mbeki, PE, Nuclear; former NRC senior reactor analyst, on Jul 14, 2026.See the evidence it rests on

Running concurrently over the same project

Rule 152 permits an issuer to run more than one offering at the same time. The same reactor backs both, on different rails, with different eligibility.

$2,648,500 committed of $4,000,000

$1,812,000 released · 66% subscribed

Released to the issuerCommitted, held in escrowRemaining
Minimum
$500

$500 per unit

Target coupon
7.50%

Annual, fixed

Term
7 yr
Investors
1,637

Closes November 30, 2026 · 78 days remaining

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  • Eligibility depends on residency, accreditation status and how much you have already invested this year.
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No payment processor is connected. The commitment flow runs end to end, through amount, agreement, signature and receipt, and records a simulated position rather than a charge.

Use of proceeds

  • 52%Module two and three fabrication
  • 24%Site construction and installation
  • 12%ITAAC closure and licensing
  • 8%Working capital
  • 4%Offering expenses and platform fees

The issuer

Integral pressurized water SMR at 77 MWe per module, designed for brownfield siting at retiring coal and legacy nuclear plants. First unit under construction at Oswego.

Legal name
Palisade Modular Systems, Inc.
Entity
Delaware C-corporation
Jurisdiction
Delaware
Founded
2016

  • Ellen Ruiz-HartmannChief Executive Officer

    Twenty-two years in commercial nuclear operations, formerly site vice president at a two-unit PWR station.

  • Daniel OkonkwoChief Nuclear Officer

    Led licensing for two NRC design certification applications. Senior reactor operator license, retired.