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Palomino Laboratories Inc. (PALX)

Palomino Laboratories, Inc. is a semiconductor and optical communications company. It engages in the provision of developing high-speed, energy-efficient data transfer technologies for AI data centres, cloud computing, and computing systems. It specializes in gallium nitride (GaN) MicroLED-based optical interconnect solutions designed to replace traditional copper wiring and improve bandwidth, latency, and power efficiency in next-generation computing infrastructure. The company was founded by Jeffrey B. Shealy and Steven Den Baarson March 10, 2022 and is headquartered in Goleta, CA.

Sector: Semiconductors & Related Devices

Industry: Semiconductors

Palomino Labs Inc logo

Palomino Labs Inc

OTC:PALXTechnology
+0.07%$14.01
Mkt Cap$387.19M
Float13.91M
O/S27.64M
Inst Own-
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$387.19M
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership0.00%

based on 27.64M shares outstanding

SectorTechnology
IndustrySemiconductors
ExchangeOTC
CountryUSUS
IPO DateApr 14, 2026
Shares Outstanding27.64M
Float13.91M
Company Overview

Palomino Laboratories, Inc., known also as Palomino Labs, is a company operating within the semiconductor and optical communications sectors. This firm focuses on creating cutting-edge, high-speed, and energy-efficient data transmission technologies. These solutions are primarily intended for use in AI data centers, cloud computing platforms, and various other advanced computing systems. Palomino Labs particularly excels in its Gallium Nitride (GaN) MicroLED-based optical interconnect solutions. These innovative products are designed to supersede conventional copper wiring, leading to substantial enhancements in bandwidth, reductions in latency, and improved power efficiency for future computing infrastructures. Jeffrey B. Shealy and Steven Den Baar co-founded the company on March 10, 2022, with its corporate headquarters situated in Goleta, California.

Leadership

Jason Tu

Chief Accounting Officer and Treasurer

Jeffrey Shealy

Co-Founder, President CEO & Director

Karthik Gopalakrishnan

Chief Technology Officer

Rajesh Radhamohan

Chief Product Officer

Employees

5

Country

US

Sector

Technology

Website

palominolabs.ai

Analyst Coverage
No analyst coverage for this companyNo ratings, price targets, or covering firms on file.
Insider Trades
InsiderTypeShares
Ogawa Richard profile photoOgawa RichardOther120.0K
Shareholders
0.0%
Institutional
(0)
0.5%
Insiderⓘ
(1)
44.0%
5%+ Owners
(4)
55.5%
Unattributed (incl. retail)ⓘ
Insider0.5%
5%+ Beneficial44.0%
Unattributed (incl. retail)55.5%
Top Shareholders
NameShares%
Shealy Jeffrey B. logo
Shealy Jeffrey B.
· filed Oct 2025
3.8M+833.3K via warrants16.9%
Matthew Eitner logo
Matthew Eitner
· may incl. warrants· filed Oct 2025
4.0M14.5%
Richard Ogawa logo
Richard Ogawa
· filed Oct 2025
1.6M+125.0K via warrants6.3%
Steven DenBaars logo
Steven DenBaars
· filed Oct 2025
1.6M+125.0K via warrants6.3%
Tu Jason profile photo
Tu Jason
Chief Accounting Officer
125.0K0.5%
Sources: Form 4, 13D/13GO/S: 27.6M · as of 4 Aug 2026 · SEC cover page
Insiders & Institutional Holders

Insiders

52-Week Range
Volume
Average Daily Volume1.26K
277 today vs 1.26K avg(-78%)

30d Avg

1.26K

60d Avg

1.40K

90d Avg

2.18K

Earnings
Dividend History
No dividend history available
Compliance Status
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