Palatin Announces $4.7 Million Registered Direct Offering and Concurrent Private Placement [Yahoo! Finance]
Palatin Technologies, Inc. (PTN)
NASDAQ:AMEX Investor Relations:
palatin.com/investors/overview
Company Research
Source: Yahoo! Finance
5 min read In This Article PTN CRANBURY, N.J. Feb. 7, 2025 /PRNewswire/ -- Palatin Technologies, Inc. (NYSE American: PTN) ("Palatin" or the "Company"), a biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor system, today announced that it has entered into definitive agreements with a single healthcare focused institutional investor for the purchase and sale of 4,688,000 shares of its common stock (or common stock equivalents in lieu thereof) in a registered direct offering (the "Registered Direct Offering") at a purchase price of per share. Palatin Technologies, Inc. The Company also agreed to issue to the same investor in a concurrent private placement warrants to purchase up to an aggregate of 4,688,000 shares of common stock (the "Private Placement" and, together with the Registered Direct Offering, the "Offering"). The warrants being issued in the concurrent Private Placement will have
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PTN
Earnings
- 2/13/25 - Beat
PTN
Sec Filings
- 12/19/25 - Form 8-K/A
- 12/11/25 - Form 4
- 12/11/25 - Form 4
- PTN's page on the SEC website