other
confidence high
sentiment neutral
materiality 0.65
Palatin Technologies announces 1-for-50 reverse stock split effective Aug 8, 2025
PALATIN TECHNOLOGIES INC
- Reverse stock split at 1-for-50 ratio effective 5:00 p.m. ET on August 8, 2025.
- Common stock to trade on OTCQB Market (symbol PTNT) on a split-adjusted basis from Aug 11.
- Ticker temporarily changes to PTNTD for 20 trading days post-split.
- NYSE American delisted the stock on May 7, 2025 due to low selling price; now on OTCQB.
- Stockholders receive cash for fractional shares; CUSIP changes to 696077 601.
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