{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-22-014591","form_type":"8-K","ticker":"PTN","cik":"0000911216","company_name":"PALATIN TECHNOLOGIES INC","filed_at":"2022-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.973213+00:00","generated_at":"2026-06-22T16:29:24.279828+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Palatin Technologies raises ~$10M via registered direct offering of common stock and warrants","bullets":["Sold 1,818,182 shares (including pre-funded warrants for 798,182 shares) plus 1,818,182 common warrants at $5.50/share+ warrant combo.","Gross proceeds ~$10M; net proceeds ~$9.1M after fees and expenses.","Warrants exercisable at $5.83/share, beginning six months from issuance, expiring 5.5 years.","H.C. Wainwright acted as placement agent with 7.0% cash fee and placement agent warrants.","Net proceeds to be used for general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-22-014591","json":"https://secwatch.observer/filing/0001654954-22-014591.json","markdown":"https://secwatch.observer/filing/0001654954-22-014591.md","text":"https://secwatch.observer/filing/0001654954-22-014591.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/911216/000165495422014591/0001654954-22-014591-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/911216/000165495422014591/ptn_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T16:29:24.279828+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4a7f02d4ff30586424b5f2fea21af57cd9251057","claim":"PALATIN TECHNOLOGIES INC entered into Purchase Agreement with a certain institutional investor valued at approximately $9.1 million (effective 2022-10-31).","evidence_excerpt":"On October 31, 2022, Palatin Technologies, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with a certain institutional investor to sell, in a registered direct offering (the “Offering”), an aggregate of up to (i) 1,020,000 shares of common stock, $0.01 par value per share, of the Company, (ii) pre-funded warrants (the “Pre-Funded Warrants”) to purchase up to 798,182 shares of the Company’s common stock, and (iii) common warrants (the “Common Warrants”) to purchase up to 1,818,182 shares of the Company’s common stock.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/911216/000165495422014591/0001654954-22-014591-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"a certain institutional investor"},{"label":"Value","value":"approximately $9.1 million"},{"label":"Effective","value":"2022-10-31"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}