PALATIN TECHNOLOGIES INC (PTN): Nasdaq/NYSE listing notice — Palatin Technologies receives NYSE American delisting notice; intends to appeal

PALATIN TECHNOLOGIES INC

NYSE Regulation determined to delist PTN for failure to comply with stockholders' equity requirements (Sections 1003(a)(i)-(iii)).
Maximum 18-month compliance plan ended April 10, 2025; Company unable to demonstrate regained compliance.
Company intends to appeal to Listings Qualifications Panel; appeal deadline is April 25, 2025.
Common stock expected to continue trading on NYSE American pending appeal outcome.
No assurance of regaining compliance before the Panel hearing.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

PALATIN TECHNOLOGIES INC received a nyse_american delisting notice notice regarding stockholders equity (rules 1009(a), 1003(a)(i), 1003(a)(ii), 1003(a)(iii)).

Exchange: nyse american
Notice: delisting notice
Deficiency: stockholders equity
Rules: 1009(a), 1003(a)(i), 1003(a)(ii), 1003(a)(iii)

Exact text from the filing

April 10, 2025, Palatin Technologies, Inc. (the “Company”) received written notification from NYSE American LLC (“NYSE American” or the “Exchange”) stating that the NYSE Regulation has determined to commence proceedings to delist the Company’s common stock, par value $0.01 per share (the “Common Stock”) from NYSE American. NYSE Regulation has determined that the Company is no longer suitable for listing pursuant to Section 1009(a) of the NYSE American Company Guide (the “Company Guide”) as the Company was unable to demonstrate that it had regained compliance with Sections 1003(a)(i), (ii) and

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Source: SEC EDGAR

accession 0001654954-25-004125

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