---
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"
generated_at: "2026-05-19T09:49:03.042407+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.03, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-006936
- JSON: https://secwatch.observer/filing/0001654954-25-006936.json
- Plain text: https://secwatch.observer/filing/0001654954-25-006936.txt

## Key facts
- Governance Changes
  PALATIN TECHNOLOGIES INC: Filing of Certificate of Designation to create Series D Convertible Preferred Stock (effective 2025-06-10).
  - Change: charter amendment
  - Effective: 2025-06-10
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/911216/000165495425006936/0001654954-25-006936-index.htm

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