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.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

PALATIN TECHNOLOGIES INC: Amendment to Restated Certificate of Incorporation to effect a 1-for-50 reverse stock split of common stock (effective 2025-08-08).

Change: charter amendment
Effective: 2025-08-08

Exact text from the filing

On August 6, 2025, Palatin Technologies, Inc. (the “Company”) filed a certificate of amendment to the Company’s Restated Certificate of Incorporation (the “Amendment”) with the Secretary of State of the State of Delaware to effectuate a 1-for-50 reverse stock split (the “Reverse Stock Split”) of the outstanding shares of the Company’s common stock (“Common Stock”).

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PALATIN TECHNOLOGIES INC filing history →

Source: SEC EDGAR

accession 0001654954-25-009290

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