other
confidence high
sentiment negative
materiality 0.65
Palatin begins OTCQB trading under PTNT after 1-for-50 reverse split; delisted from NYSE American
PALATIN TECHNOLOGIES INC
- NYSE American suspended trading and initiated delisting on May 7, 2025, due to low stock price.
- Reverse split 1-for-50 effective; shares traded under PTNTD for 20 days, then PTNT starting Sept 10, 2025.
- Company now trades solely on OTCQB Market; no longer listed on NYSE American.
- Stock previously traded on NYSE American under symbol PTN.
- Delisting and reverse split reflect ongoing low-pricing and shareholder dilution concerns.
item 8.01