Filing Details

Accession Number:
0001654954-25-007107
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-06-17 16:35:47
Reporting Period:
2025-06-13
Filing Date:
2025-06-17
Accepted Time:
2025-06-17 16:35:47
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
1103883 T Stephen Wills Palatin Technologies, Inc.
4B Cedar Brook Drive
Cranbury NJ 08512
Executive Vp And Cfo/Coo 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: 1,640,756 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 1,640,756 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
3,017,838 No 4 P Direct
Footnotes
  1. 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.
  2. 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.