---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-008011"
form_type: "8-K"
ticker: "PTN"
cik: "0000911216"
company_name: "PALATIN TECHNOLOGIES INC"
filed_at: "2024-06-21T23:59:59+00:00"
generated_at: "2026-06-01T03:10:18.329401+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Palatin Technologies raises ~$6.1M via warrant inducement with institutional investor

## Summary
- Enters inducement letter; institutional investor exercises existing warrants for $6.1M gross proceeds.
- Existing warrants covering 3,233,277 shares exercised at reduced exercise price of $1.88/share.
- Company issues new Series A warrants (2,727,273 shares) and Series B warrants (2,122,642 shares) at $1.88 exercise price, five-year term.
- Closing expected June 24, 2024; net proceeds for working capital and corporate purposes.
- Issuance of 1,624,201 Series B warrant shares subject to stockholder approval under NYSE American rules.

## SEC filing metadata
- accession: 0001654954-24-008011
- form_type: 8-K
- ticker: PTN
- cik: 0000911216
- company_name: PALATIN TECHNOLOGIES INC
- filed_at: 2024-06-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/911216/000165495424008011/0001654954-24-008011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/911216/000165495424008011/ptn_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-008011
- JSON: https://secwatch.observer/filing/0001654954-24-008011.json
- Plain text: https://secwatch.observer/filing/0001654954-24-008011.txt

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