US EditionPalatin Technologies Announces Transition to OTC Pink Following NYSE American Delisting Notice
- Palatin Technologies announced on May 7, 2025, that NYSE American will delist its common stock and suspend trading immediately.
- The delisting resulted from NYSE American citing the stock’s low selling price under Section 1003 of its Company Guide.
- The company intends to challenge the delisting decision and plans to have its shares traded on the OTC Pink tier under the symbol PTNT starting May 8, 2025.
- President and CEO Carl Spana stated, “We are disappointed with the delisting determination” but affirmed confidence in the company’s valuable assets.
- Palatin’s appeal deadline is May 14, 2025, though no assurance exists that the appeal will succeed or prevent the OTC Pink transition.
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47 Articles
47 Articles
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5
Center
17
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Total News Sources47
Leaning Left5Leaning Right5Center17Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
L 19%
C 63%
R 19%
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