US EditionPalatin Announces 1-for-50 Reverse Stock Split
- Palatin Technologies, Inc. announced a 1-for-50 reverse stock split effective at 5:00 p.m. on August 8, 2025.
- Trading of the Common Stock is expected to begin on the OTCQB Market on August 11, 2025, at market open.
- The reverse stock split aims to increase the per-share market price to comply with NYSE American's Listing Qualifications.
- Stockholders will receive cash in lieu of fractional shares after the reverse stock split takes effect.
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Palatin Announces 1-for-50 Reverse Stock Split
PRINCETON, N.J., Aug. 8, 2025 /PRNewswire/ -- Palatin Technologies, Inc. (OTCQB: PTNT), today announced a reverse stock split ("Reverse Stock Split") of its shares at a ratio of 1-for-50. The Reverse Stock Split will become effective on August 8, 2025,…
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Leaning Left1Leaning Right6Center12Last UpdatedBias Distribution63% Center
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C 63%
R 32%
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