Palatin Technologies delisted from NYSE American; raises $340K in insider private placement

PALATIN TECHNOLOGIES INC

NYSE American commenced delisting proceedings; common stock suspended May 7, 2025. Now trades on OTCQB under PTNT.
On June 10, 2025, entered private placement with CEO, CFO, and two directors for $340,000 gross proceeds.
Issued Series D Preferred Stock convertible at $0.11/share and warrants exercisable at $0.11, subject to stockholder approval.
Proceeds to be used for general working capital purposes.

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