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.

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