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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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Issuer updates

  1. Module one ITAAC closure certified; 90% tranche released

    July 29, 2026

    The independent certifier accepted our ITAAC closure package for module one on 28 July, together with the witnessed integrated systems test. Under the subscription agreement this certifies the second milestone and releases capital to the 90% threshold. Module two vessel delivery remains on schedule for the fourth quarter.

    Ellen Ruiz-Hartmann, CEO

  2. TRL score raised to TRL 8

    July 16, 2026

    The platform published an updated TRL assessment on 15 July moving us from TRL 7 to TRL 8, with the confidence band narrowing to 7.6–8.3. We had no involvement in the score and saw it when you did. The reviewer's note on first-of-a-kind construction cost is a fair characterization and we address it in the updated offering circular.

    Ellen Ruiz-Hartmann, CEO