---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-015715"
form_type: "8-K"
ticker: "PTN"
cik: "0000911216"
company_name: "PALATIN TECHNOLOGIES INC"
filed_at: "2023-12-18T23:59:59+00:00"
generated_at: "2026-06-07T11:35:52.958206+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NYSE American accepts Palatin's plan to regain listing compliance; deadline April 2025

## Summary
- Stockholders' equity fell below $2M (Section 1003(a)(i)) and $4M (1003(a)(ii)) due to net losses.
- Plan accepted Dec 13, 2023; compliance must be regained by April 10, 2025.
- If Palatin fails to meet milestones or the final deadline, delisting proceedings may begin.
- Company is exploring multiple funding avenues to boost equity and meet Exchange requirements.
- No immediate impact on PTN trading; stock remains listed on NYSE American.

## SEC filing metadata
- accession: 0001654954-23-015715
- form_type: 8-K
- ticker: PTN
- cik: 0000911216
- company_name: PALATIN TECHNOLOGIES INC
- filed_at: 2023-12-18T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/911216/000165495423015715/0001654954-23-015715-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/911216/000165495423015715/ptn_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-015715
- JSON: https://secwatch.observer/filing/0001654954-23-015715.json
- Plain text: https://secwatch.observer/filing/0001654954-23-015715.txt

## Key facts
- Listing & Compliance Notices
  PALATIN TECHNOLOGIES INC received a nyse_american noncompliance notice notice regarding stockholders equity (rules 1003(a)(i), 1003(a)(ii)).
  - Exchange: nyse american
  - Notice: noncompliance notice
  - Deficiency: stockholders equity
  - Rules: 1003(a)(i), 1003(a)(ii)
  source text: October 10, 2023, the Company received notification (the "Deficiency Letter") from the NYSE American that it was not in compliance with the continued listing standards set forth in the NYSE American Company Guide (the "Company Guide"). Specifically, the Deficiency Letter indicated that the Company was not in compliance with Sections 1003(a)(i) and 1003(a)(ii) of the Company Guide, requiring a listed company to have stockholders' equity of (i) at least $2.0 million if it has reported losses from continuing operations or net losses in two of its three most recent fiscal years and (ii) at least $
  evidence_url: https://www.sec.gov/Archives/edgar/data/911216/000165495423015715/0001654954-23-015715-index.htm
- Listing & Compliance Notices
  PALATIN TECHNOLOGIES INC received a nyse_american extension granted notice regarding stockholders equity (rules 1003(a)(i), 1003(a)(ii)).
  - Exchange: nyse american
  - Notice: extension granted
  - Deficiency: stockholders equity
  - Rules: 1003(a)(i), 1003(a)(ii)
  source text: December 13, 2023, Palatin Technologies, Inc. (the “Company”) received notification (the “Plan Letter”) that the NYSE American (the “Exchange”) has accepted the Company’s plan to regain compliance (the “Plan”) with the Exchange's continued listing standards regarding stockholders' equity, as set forth in Sections 1003(a)(i) and (ii) of the NYSE American Company Guide. As previously reported, on October 10, 2023, the Company received notification (the "Deficiency Letter") from the NYSE American that it was not in compliance with the continued listing standards set forth in the NYSE American Com
  evidence_url: https://www.sec.gov/Archives/edgar/data/911216/000165495423015715/0001654954-23-015715-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.