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Company research

Palomino Laboratories Inc.

CIK 1938569Updated Sep 24, 2026

Name history
Unite Acquisition 3 Corp. · through Aug 29, 2025

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About the company

Palomino is a fabless semiconductor company pioneering the next generation of high-performance microLED-based optoelectronic solutions for data communication. Its mission is to enable ultra-high-speed, energy-efficient optical interconnects that replace legacy copper-based PCIe and Ethernet links in compute-intensive environments. Palomino is commercializing a breakthrough platform built on advanced gallium nitride (GaN) compound semiconductor materials. This proprietary technology enables scalable and cost-efficient manufacturing of ultra-compact, high-speed optical transceivers, with significant improvements in power, size, and bandwidth density over traditional laser-based solutions. Palomino’s differentiated value proposition lies in leveraging high-efficiency microLEDs as optical sources in transceiver modules that can be seamlessly integrated into silicon packages or interposers. This approach unlocks the potential for high-density, chip-scale optical I/O—fundamentally reshaping the future of data movement in AI servers, data centers, and high-performance computing systems.

S-1 · 2026-01-23 · 0001493152-26-003287

Company description from the cited filing.

Financials

FY 2025 · USD
Revenue— · FY 2025
Net income-3,163,196USD · FY 2025
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

Operating income-2,702,834USD · FY 2025
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

Diluted EPS-0.47USD per share · FY 2025
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
ASSETS
AssetsUSD8,434,145
Source

10-K · 2026-03-31 · 0001493152-26-014270

As of 2025-12-31

29,180
Source

10-K · 2025-03-28 · 0001013762-25-004263

As of 2024-12-31

380
Source

10-K · 2024-04-01 · 0001213900-24-028690

As of 2023-12-31

500
Source

10-Q · 2023-11-14 · 0001213900-23-087033

As of 2022-12-31

Current assets:
Cash and Cash Equivalents, at Carrying ValueUSD8,121,445
Source

10-K · 2026-03-31 · 0001493152-26-014270

As of 2025-12-31

—380
Source

10-K · 2024-04-01 · 0001213900-24-028690

As of 2023-12-31

500
Source

10-Q · 2023-11-14 · 0001213900-23-087033

As of 2022-12-31

Assets, CurrentUSD8,434,145
Source

10-K · 2026-03-31 · 0001493152-26-014270

As of 2025-12-31

29,180
Source

10-K · 2025-03-28 · 0001013762-25-004263

As of 2024-12-31

380
Source

10-K · 2024-04-01 · 0001213900-24-028690

As of 2023-12-31

500
Source

10-Q · 2023-11-14 · 0001213900-23-087033

As of 2022-12-31

Prepaid Expense and Other Assets, CurrentUSD312,700
Source

10-K · 2026-03-31 · 0001493152-26-014270

As of 2025-12-31

———
LIABILITIES AND EQUITY
LiabilitiesUSD336,458
Source

10-K · 2026-03-31 · 0001493152-26-014270

As of 2025-12-31

286,287
Source

10-K · 2025-03-28 · 0001013762-25-004263

As of 2024-12-31

111,621
Source

10-K · 2024-04-01 · 0001213900-24-028690

As of 2023-12-31

27,804
Source

10-Q · 2023-11-14 · 0001213900-23-087033

As of 2022-12-31

Stockholders’ equity:
Common Stock, Value, IssuedUSD1,877
Source

10-K · 2026-03-31 · 0001493152-26-014270

As of 2025-12-31

500
Source

10-K · 2025-03-28 · 0001013762-25-004263

As of 2024-12-31

500
Source

10-K · 2024-04-01 · 0001213900-24-028690

As of 2023-12-31

500
Source

10-Q · 2023-11-14 · 0001213900-23-087033

As of 2022-12-31

Additional Paid in CapitalUSD11,277,372
Source

10-K · 2026-03-31 · 0001493152-26-014270

As of 2025-12-31

———
Retained Earnings (Accumulated Deficit)USD-3,181,562
Source

10-K · 2026-03-31 · 0001493152-26-014270

As of 2025-12-31

-257,607
Source

10-K · 2025-03-28 · 0001013762-25-004263

As of 2024-12-31

-111,741
Source

10-K · 2024-04-01 · 0001213900-24-028690

As of 2023-12-31

-27,804
Source

10-Q · 2023-11-14 · 0001213900-23-087033

As of 2022-12-31

Stockholders' Equity Attributable to ParentUSD8,097,687
Source

10-K · 2026-03-31 · 0001493152-26-014270

As of 2025-12-31

-257,107
Source

10-K · 2025-03-28 · 0001013762-25-004263

As of 2024-12-31

-111,241
Source

10-K · 2024-04-01 · 0001213900-24-028690

As of 2023-12-31

-27,304
Source

10-Q · 2023-11-14 · 0001213900-23-087033

As of 2022-12-31

Liabilities and EquityUSD8,434,145
Source

10-K · 2026-03-31 · 0001493152-26-014270

As of 2025-12-31

29,180
Source

10-K · 2025-03-28 · 0001013762-25-004263

As of 2024-12-31

380
Source

10-K · 2024-04-01 · 0001213900-24-028690

As of 2023-12-31

500
Source

10-Q · 2023-11-14 · 0001213900-23-087033

As of 2022-12-31

Current liabilities:
Liabilities, CurrentUSD336,458
Source

10-K · 2026-03-31 · 0001493152-26-014270

As of 2025-12-31

286,287
Source

10-K · 2025-03-28 · 0001013762-25-004263

As of 2024-12-31

111,621
Source

10-K · 2024-04-01 · 0001213900-24-028690

As of 2023-12-31

27,804
Source

10-Q · 2023-11-14 · 0001213900-23-087033

As of 2022-12-31

Accounts Payable, CurrentUSD55,687
Source

10-K · 2026-03-31 · 0001493152-26-014270

As of 2025-12-31

———

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD——83,937
Source

10-K · 2024-04-01 · 0001213900-24-028690

2023-01-01 to 2023-12-31

—
Adjustments to reconcile net income to net cash provided by operating activities:
Share-based Payment Arrangement, Noncash ExpenseUSD1,441,823
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

———
Net Cash Provided by (Used in) Operating ActivitiesUSD-1,284,949
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

-166,637
Source

10-K · 2025-03-28 · 0001013762-25-004263

2024-01-01 to 2024-12-31

-79,379
Source

10-K · 2024-04-01 · 0001213900-24-028690

2023-01-01 to 2023-12-31

—
Cash flows from financing activities:
Net Cash Provided by (Used in) Financing ActivitiesUSD9,271,737
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

195,437
Source

10-K · 2025-03-28 · 0001013762-25-004263

2024-01-01 to 2024-12-31

79,259
Source

10-K · 2024-04-01 · 0001213900-24-028690

2023-01-01 to 2023-12-31

—
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD7,986,788
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

———
Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD8,121,445
Source

10-K · 2026-03-31 · 0001493152-26-014270

As of 2025-12-31

29,180
Source

10-K · 2025-03-28 · 0001013762-25-004263

As of 2024-12-31

380
Source

10-K · 2024-04-01 · 0001213900-24-028690

As of 2023-12-31

500
Source

10-Q · 2023-11-14 · 0001213900-23-087033

As of 2022-12-31

Supplemental disclosure of cash flow information:
Income Taxes Paid, NetUSD—58
Source

10-K · 2025-03-28 · 0001013762-25-004263

2024-01-01 to 2024-12-31

——
Additional Financial Items
General and Administrative ExpenseUSD2,702,834
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

140,080
Source

10-K · 2025-03-28 · 0001013762-25-004263

2024-01-01 to 2024-12-31

83,937
Source

10-K · 2024-04-01 · 0001213900-24-028690

2023-01-01 to 2023-12-31

—
InterestExpenseNonoperatingUSD—5,786
Source

10-K · 2025-03-28 · 0001013762-25-004263

2024-01-01 to 2024-12-31

——
Investment Income, InterestUSD890
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

———
Net Income (Loss) Attributable to ParentUSD-3,163,196
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

-145,866
Source

10-K · 2025-03-28 · 0001013762-25-004263

2024-01-01 to 2024-12-31

-83,937
Source

10-K · 2024-04-01 · 0001213900-24-028690

2023-01-01 to 2023-12-31

—
Operating ExpensesUSD2,702,834
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

———

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024FY 2023
Operating Income (Loss)USD-2,702,834
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

-140,080
Source

10-K · 2025-03-28 · 0001013762-25-004263

2024-01-01 to 2024-12-31

—
Net Income (Loss) Attributable to ParentUSD-3,163,196
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

-145,866
Source

10-K · 2025-03-28 · 0001013762-25-004263

2024-01-01 to 2024-12-31

-83,937
Source

10-K · 2024-04-01 · 0001213900-24-028690

2023-01-01 to 2023-12-31

Earnings Per Share, BasicUSD per share-0.47
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

-0.03
Source

10-K · 2025-03-28 · 0001013762-25-004263

2024-01-01 to 2024-12-31

-0.02
Source

10-K · 2024-04-01 · 0001213900-24-028690

2023-01-01 to 2023-12-31

Earnings Per Share, DilutedUSD per share-0.47
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

-0.03
Source

10-K · 2025-03-28 · 0001013762-25-004263

2024-01-01 to 2024-12-31

-0.02
Source

10-K · 2024-04-01 · 0001213900-24-028690

2023-01-01 to 2023-12-31

Weighted Average Number of Shares Outstanding, Basicshares6,710,995
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

5,000,000
Source

10-K · 2025-03-28 · 0001013762-25-004263

2024-01-01 to 2024-12-31

5,000,000
Source

10-K · 2024-04-01 · 0001213900-24-028690

2023-01-01 to 2023-12-31

Weighted Average Number of Shares Outstanding, Dilutedshares6,710,995
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

5,000,000
Source

10-K · 2025-03-28 · 0001013762-25-004263

2024-01-01 to 2024-12-31

5,000,000
Source

10-K · 2024-04-01 · 0001213900-24-028690

2023-01-01 to 2023-12-31

Interest Expense (non-operating)USD—5,786
Source

10-K · 2025-03-28 · 0001013762-25-004263

2024-01-01 to 2024-12-31

—
Additional Financial Items
General and Administrative ExpenseUSD2,702,834
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

140,080
Source

10-K · 2025-03-28 · 0001013762-25-004263

2024-01-01 to 2024-12-31

83,937
Source

10-K · 2024-04-01 · 0001213900-24-028690

2023-01-01 to 2023-12-31

Interest Expense, DebtUSD—5,786
Source

10-K · 2025-03-28 · 0001013762-25-004263

2024-01-01 to 2024-12-31

—
Investment Income, InterestUSD890
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

——
Operating ExpensesUSD2,702,834
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

——
Other ExpensesUSD71,519
Source

10-K · 2026-03-31 · 0001493152-26-014270

2025-01-01 to 2025-12-31

——

Lines labelled “Derived” are calculated from reported figures.

Offerings

Registration 333-292890

S-1 · 2026-01-23 · 0001493152-26-003287

Terms from the governing filing for this registration; not a claim that the offering is open today.

Filing attachments

ex99-1.htm · 8-K · 2026-08-05

EX-99.1 3 ex99-1.htm EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE Palomino Laboratories Completes Vega Links Acquisition and Strengthens Technology Leadership to Accelerate Next-Generation AI Interconnect Development Strategic Company Highlights: (i) Successfully closed the Vega Links acquisition, transforming Palomino into a comprehensive AI interconnect company and expanding the Company’s estimated addressable market by approximately 10x to greater than…

8-K · 2026-08-05 · 0001493152-26-036127

Read attachment ↗
ex99-1.htm · 8-K · 2026-07-16

EX-99.1 3 ex99-1.htm EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE Palomino Laboratories Announces Binding LOI to Acquire Vega Links Inc. to Create a Next-Generation AI Interconnect Company Transaction Highlights: (i) Transforms Palomino beyond MicroLED optical interconnects into a comprehensive AI interconnect company spanning copper, MicroVCSEL and MicroLED data communication solutions; (ii) Expand Palomino’s estimated addressable market by 10x—f…

8-K · 2026-07-16 · 0001493152-26-033505

Read attachment ↗
ex4-1.htm · 8-K · 2026-04-24

EX-4.1 2 ex4-1.htm EX-4.1 Exhibit 4.1 EXECUTION VERSION SUBSCRIPTION AGREEMENT This Subscription Agreement (this “ Agreement ”) has been entered into by and between the purchaser set forth on the Omnibus Signature Page hereof (the “ Purchaser ”) and Palomino Laboratories Inc., a Delaware corporation (the “ Company ”). R E C I T A L S A. The Company is offering a minimum of 3,750,000 shares of the Company’s common stock, par value $0.0001 per share (“ Common Stock ”), at a purchase price…

8-K · 2026-04-24 · 0001493152-26-018963

Read attachment ↗
ex107.htm · S-1 · 2026-01-23

Exhibit 107 Calculation of Filing Fee Tables Form S-1 (Form Type) Palomino Laboratories Inc. (Exact Name of Registrant as Specified in its Charter) Table 1 - Newly Registered Securities Security Type Security Fee Amount Proposed Maximum Fee Amount Class Title …

S-1 · 2026-01-23 · 0001493152-26-003287

Read attachment ↗
ex4-1.htm · 8-K · 2025-10-30

EX-4.1 2 ex4-1.htm EX-4.1 Exhibit 4.1 NEITHER THIS SECURITY NOR THE SECURITIES FOR WHICH THIS SECURITY IS EXERCISABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”). THESE SECURITIES MAY BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (A) TO THE COMPANY, (B) IN COMPLIANCE WITH RULE 144 UNDER THE SECURITIES ACT…

8-K · 2025-10-30 · 0001493152-25-020229

Read attachment ↗
ex4-2.htm · 8-K · 2025-10-30

EX-4.2 3 ex4-2.htm EX-4.2 Exhibit 4.2 NEITHER THIS SECURITY NOR THE SECURITIES FOR WHICH THIS SECURITY IS EXERCISABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”). THESE SECURITIES MAY BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (A) TO THE COMPANY, (B) IN COMPLIANCE WITH RULE 144 UNDER THE SECURITIES ACT…

8-K · 2025-10-30 · 0001493152-25-020229

Read attachment ↗