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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.
  • You can read everything about this offering without an account. Committing capital requires one.
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No money will move

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.

Capital release schedule

1 of 4 rungs released

Release is structured as staged closings rather than withheld proceeds. Amounts shown are cumulative against the $2.6M committed to this offering.

  1. Combined license issued

    Capital released
    TRL target
    TRL 7
    Cumulative release
    70% · $1,853,950
    Certified
    May 20, 2026

    Verified by: NRC license issuance and supplier contracts executed

    Certifier: Thornbury Technical Certification

  2. Module one complete and qualified

    Certified
    TRL target
    TRL 8
    Cumulative release
    90% · $2,383,650
    Certified
    July 28, 2026

    Verified by: ITAAC closure for module one; integrated systems test witnessed

    Certifier: Thornbury Technical Certification

  3. Full ITAAC closure, all three modules

    Pending
    TRL target
    TRL 8
    Cumulative release
    95% · $2,516,075
    Target
    June 30, 2028

    Verified by: NRC final determination of ITAAC closure

  4. Commercial operation

    Pending
    TRL target
    TRL 9
    Cumulative release
    100% · $2,648,500
    Target
    March 31, 2029

    Verified by: Commercial operation date certificate; metered output to grid

Committed
$2,648,500

Held by the escrow agent on subscription

Released to the issuer
$1,812,000

68% of committed capital

Still escrowed
$836,500

Unlocks on the next certification

Escrow agent: Meridian Trust, N.A.. Certification is performed by an independent party with no economic interest in the release.