secwatch.observer — SEC 8-K summary
======================================

Issuer:     PALATIN TECHNOLOGIES INC (PTN)
CIK:        0000911216
Form:       8-K
Filed at:   2025-08-08T23:59:59+00:00
Accession:  0001654954-25-009290
Event type: other
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palatin Technologies announces 1-for-50 reverse stock split effective Aug 8, 2025
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/911216/000165495425009290/0001654954-25-009290-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/911216/000165495425009290/ptn_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-009290

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer