secwatch.observer — SEC 8-K summary
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Issuer:     PALATIN TECHNOLOGIES INC (PTN)
CIK:        0000911216
Form:       8-K
Filed at:   2025-09-10T23:59:59+00:00
Accession:  0001654954-25-010576
Event type: other
Sentiment:  negative
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Palatin begins OTCQB trading under PTNT after 1-for-50 reverse split; delisted from NYSE American
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/911216/000165495425010576/0001654954-25-010576-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/911216/000165495425010576/ptn_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-010576

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