Filing Details
- Accession Number:
- 0001654954-25-007106
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-06-17 16:35:31
- Reporting Period:
- 2025-06-13
- Filing Date:
- 2025-06-17
- Accepted Time:
- 2025-06-17 16:35:31
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
911216 | Palatin Technologies Inc | PTN | Pharmaceutical Preparations (2834) | 954078884 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1042011 | Carl Spana | Palatin Technologies, Inc. 4B Cedar Brook Drive Cranbury NJ 08512 | President And Ceo | No | No | No | No |
Transaction Summary
Purchased: | 1,500 shares | Avg. Price: $150,000.00 | Total Value: $225,000,000.00 |
Number of Shares After Transactions: | 1,672,940 shares |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Series D Preferred Stock | Acquisiton | 2025-06-13 | 1,500 | $150,000.00 | 1,672,940 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Series I warrants | Acquisiton | 2025-06-13 | 2,727,272 | $0.00 | 2,727,272 | $0.11 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
3,060,655 | No | 4 | P | Direct |
Footnotes
- Each share of Series D Convertible Preferred Stock has a stated value of $100 per share, and is convertible to common stock at an initial conversion price of $0.11 per share, for a total of 1,363,636 shares of common stock. The Series D Preferred Stock and Series I common stock purchase warrants were sold at a combined offering price of $0.11 per share of common stock obtainable upon conversion of the Series D Convertible Preferred Stock.
- The Series I warrants are exercisable on or after the date that approval is obtained from the Issuer's stockholders as may be required by the NYSE American (or any successor entity) (the "Stockholder Approval Date"), and will expire on the five-year anniversary of the Stockholder Approval Date, subject to the terms and conditions contained in such Series I warrant.