{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-25-006936","form_type":"8-K","ticker":"PTN","cik":"0000911216","company_name":"PALATIN TECHNOLOGIES INC","filed_at":"2025-06-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.771400+00:00","generated_at":"2026-05-19T09:49:03.042407+00:00","sec_items":["1.01","5.03","3.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Palatin Technologies delisted from NYSE American; raises $340K in insider private placement","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-25-006936","json":"https://secwatch.observer/filing/0001654954-25-006936.json","markdown":"https://secwatch.observer/filing/0001654954-25-006936.md","text":"https://secwatch.observer/filing/0001654954-25-006936.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/911216/000165495425006936/0001654954-25-006936-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/911216/000165495425006936/ptn_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T09:49:03.042407+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f3c541b0f0bfe6681bf90e9ef35f21fbfe7d6656","claim":"PALATIN TECHNOLOGIES INC: Filing of Certificate of Designation to create Series D Convertible Preferred Stock (effective 2025-06-10).","evidence_excerpt":"On June 10, 2025, the Company filed a Certificate of Designation of the Rights, Powers, Preferences, Privileges, and Restrictions, of the Series D Convertible Preferred Stock (the “Certificate of Designation”) with the Secretary of State of the State of Delaware to create the Preferred Stock.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/911216/000165495425006936/0001654954-25-006936-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-06-10"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}