Palatin Technologies Faces Delisting Threat as NYSE American Initiates Proceedings Over Listing Rule Non-Compliance
Reuters
Jul 09
Palatin Technologies Faces Delisting Threat as NYSE American Initiates Proceedings Over Listing Rule Non-Compliance
**Palatin Technologies Inc. Faces Delisting from NYSE American** On July 7, 2025, Palatin Technologies, Inc. announced that it received a notification from NYSE American LLC regarding the initiation of delisting proceedings for its common stock. The decision was affirmed by the Exchange's Listing Qualifications Panel following a hearing held on June 18, 2025. The delisting process is based on the company's failure to meet certain listing standards as per Sections 1003(a) and 1003(f)(v) of the NYSE American Company Guide. Palatin Technologies plans to appeal the decision and will submit a request for a review by the full Committee for Review within 15 days. The company is actively working to address the listing deficiencies before the appeal hearing, anticipated to occur in late August or September 2025.
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