---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-015560"
form_type: "8-K"
ticker: "PTN"
cik: "0000911216"
company_name: "PALATIN TECHNOLOGIES INC"
filed_at: "2024-12-16T23:59:59+00:00"
generated_at: "2026-05-29T03:13:42.629542+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Palatin receives ~$3.4M from warrant exercise; issues new Series C/D warrants

## Summary
- Gross proceeds of ~$3.4M from exercise of 3,907,679 shares at amended price $0.875.
- Issued unregistered Series C warrants for 3,907,679 shares and Series D for 1,953,839 shares, both at $0.875/share.
- Series C warrants exercisable immediately, 5-year term; Series D exercisable after stockholder approval, 5-year term.
- Transaction expected to close Dec 17, 2024; proceeds for working capital and general corporate purposes.
- Company agreed to file resale registration statement for inducement warrant shares by Feb 28, 2025.

## SEC filing metadata
- accession: 0001654954-24-015560
- form_type: 8-K
- ticker: PTN
- cik: 0000911216
- company_name: PALATIN TECHNOLOGIES INC
- filed_at: 2024-12-16T23:59:59+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/911216/000165495424015560/0001654954-24-015560-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/911216/000165495424015560/ptn_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-015560
- JSON: https://secwatch.observer/filing/0001654954-24-015560.json
- Plain text: https://secwatch.observer/filing/0001654954-24-015560.txt

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